TD Sequential gives Bitcoin buy signal ahead of Fed decision
- —TD Sequential recorded a buy setup on the BTC chart ahead of the September 16 Fed meeting
- —Futures price in a 25 bps rate hike with 88.5% probability
- —US 2-year Treasury yield rose to 4.63%
- —BTC is trading around $77,000 in a range without a clear trend
Why it matters: A technical buy signal against a hawkish Fed: if the rate hike is already priced in, the announcement could remove pressure from BTC.
Source: Crypto Briefing