Bitcoin has been mostly sideways since Friday as traders hold their breath for Wednesday’s Fed rate decision and press conference. Last week, I wrote about the $28,000-$29,000 BTC resistance area. It coincides with the $1.18T range resistance on TOTAL, which I discussed on Friday. Since the weekend, Bitcoin has carved a 1-hour ascending channel with support near $27,600 and a confluence of resistance at $28,900. The $29,000 area dates back to early 2021 as resistance and later supported BTC until June 2022. Although the pattern above could trigger a move this week, the bigger opportunity will materialize with the ... (full story)