Technical analysis by Lamassu_Trade about Symbol BTC on 5/7/2025

Bitcoin remains in a volatile consolidation range following the May FOMC meeting, where the Federal Reserve left interest rates unchanged at 4.25–4.50%, as expected. 🏛️ Federal Reserve Recap: Decision: No change in rates – aligned with market consensus. Tone (Powell’s speech): Cautiously hawkish. Powell acknowledged rising risks of unemployment and inflation, citing uncertainty around recent fiscal, immigration, and trade policies. Key quote: “We are not currently in a position to begin easing. There is still significant uncertainty.” 🔎 Market takeaway: The Fed is firmly in wait-and-see mode, unwilling to commit to cuts, but also avoiding overt hawkish signals. Markets remain data-dependent. 📈 BTC/USD Technical Outlook: Entry Zone (Active): Short from ~97,200 Target 1 (TP1): 92,000 – Key demand zone + horizontal support Current Price: Holding above 95K Structure: BTC remains range-bound between 92K–97K awaiting macro clarity 🧠 Trade Implications: Fed's cautious tone limits bullish breakout potential in the short term. A dovish shift in tone or soft inflation data could trigger a breakout above 97K toward 100K+. A re-test of the 92K level remains likely if macro uncertainty persists or DXY rebounds. 🔁 Plan Ahead: ✅ Respect range structure (92K–97K) ✅ Avoid heavy positioning without confirmation ✅ Watch DXY, yields, and upcoming CPI/PPI prints 🧠 Sentiment is neutral/slightly cautious post-FOMC ⚠️ Risk Management Note: Market conditions remain fragile and sensitive to macro headlines. Always use stop-losses and appropriate position sizing. This is not financial advice – trade responsibly.🛑 Market Update (Post-FOMC Reaction): Markets are turning red across the board following Powell's press conference. Despite no rate change, the Fed's refusal to commit to any near-term easing, coupled with concerns about trade policy uncertainty and inflation risks, is triggering risk-off behavior. 📉 BTC is pulling back sharply, and equities like Nasdaq are under pressure as well. This reinforces our short thesis toward 92K. 🔍 We continue to monitor BTC’s reaction near the 94K–95K zone. A clean break below could accelerate downside toward 92K and beyond. 🧠 Reminder: Macro tone is still unclear. Until Fed pivots or inflation data softens, upside for BTC may remain capped.