The market is clearly waiting in anticipation for the interest rate decision tomorrow, the majority of the market is chopping sideways. Interest rates drive markets and the FED meeting tomorrow is an important one – currently from a PA perspective BTC is consolidating at the resistance of this falling wedge i spoke about in my previous multi timeframe analysis, Still no entries for us just yet – i would like to see a push above the trendline and intraday highs to stop hunt shorts and trap bulls before we can look for the shorting opportunity, but either way we are prepared for an entry in either direction. Let the market move and react to what you see, trying to predict is always more difficult.

Remember big volatility is expected from tomorrow and the rest of the week with NFP (Non farm payroll) coming Friday – positioning yourself before such economical data is always risky.