Bitcoin UPS Extreme BLOCK BTC Bitcoin

XLM could follow this path over the next two days if bears seize control

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.It would be safe to call 20 September an extremely volatile day.

The Federal Open Market Committee (FOMC) battled against inflation by raising interest rates since March, and this trend was likely to continue.Investors already expected a 75 bps hike, and a hike higher than that could be the trigger for a real sell-off.

This matters to Bitcoin [BTC] because BTC followed the S&P 500 in recent months, and the altcoin market tends to follow BTC sentiment.

On the short-term price charts, Stellar Lumens [XLM] showed bearish intent.Source: XLM/USDT on TradingViewOn a higher timeframe, the four-hour chart, the market structure of XLM was bullish.

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