Bitcoin: Range Highs Tested Ahead of FOMC

Bitcoin sits at range highs with a long upper wick while markets brace for the FOMC decision on Wednesday and market makers reportedly stack shorts, according to @CrypNuevo.

Price action shows BTC at $77098.33 below the EMA50 resistance at $77940.58 yet above the EMA200 support at $74263.22, with RSI at 42.07 leaving momentum neutral and MACD printing a bullish golden cross at -342.64; the position inside Bollinger Bands between $76662.45 support and $77754.39 resistance points to a likely retracement toward the 50-EMA before any continuation into the event-driven week.