BTC Consolidation Pre-FOMC?

asked by u/lopez_giulia · 3d · 1 answers

$BTC hovering around 64k. Feels like a lot of consolidation after the recent volatility. Anticipating relatively flat price action leading into any significant macro announcements later in the week. Perps funding rates remain fairly neutral. Anyone seeing anything different on chain?

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  • u/jpetrovic· 18 pts· 2d

    I'm seeing similar patterns, especially with the reduced volume. Seems like everyone is holding their breath for the FOMC. Makes sense, given how sensitive BTC has been to macro lately.