
Greeks.live|Mar 20, 2025 18:45
http://Greeks.Live Community Daily Digest
Published: 2025-03-20
Overall Market Sentiment
The group appears divided with some traders expecting a post-FOMC dump while others think the market might wick higher before choppy conditions persist. Traders are closely watching the 83-85K level as significant, with additional attention on the impact of the upcoming Trump conference and potential Saylor TWAP buying.
FOMC Impact - Mixed Outlook
• Market selling off to derisk prior to FOMC, with possibility of a price rally after Powell's dovish statements
• Expect chop and drift lower before heading higher again on Monday, despite the current pump not being viewed as sustainable
• Potential for additional volatility around Trump's conference with skepticism that it will positively impact Bitcoin
• Signs of institutional buying possibly from Saylor with "all day grind up" and 30cb premium observed
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