$BTC C update: The plan shared four days ago remains fully intact and continues to play out as expected.
Throughout July, Bitcoin completed its move from mVAL to mVAH, forming a strong market structure with consistent higher highs and higher lows.
After reaching the 67K mVAH, the structure began to weaken. The last higher low failed to create a new higher high, and price stalled at the golden Fibonacci zone around 65.7K, aligning with the pwVAH.
The next likely move is a sweep of the liquidity that has built up below over the past month before the market decides its next major direction.
With FOMC just ahead, volatility is expected to increase. Stay patient, manage risk, and let the market confirm the next move.#FedRateDecision #BigTechEarningsNight