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very insightful!
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Mux
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KDJ has already crossed over downwards at the 4hr. With K at 68 on the 4hr and over 70 on the day chart, $BTC is currently in the overbought zone and is highly likely to correct before moving further upwards. More over, MACD is still negative on the weekly chart so still not bullish there. I feel strongly that the markets will fall beginning of week tomorrow before rebounding somewhere nearing Easter weekend.
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The regulatory environment around crypto has still not yet been streamlined#SECGuidance is very much welcome as clarity of purpose and transparency in projects can help holders and enthusiasts have more information on what they are putting their time and energy in.
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Trading hedge mode has helped me with #RiskRewardRatio . It's not risk free though. Making sure my assets are well supported has been very helpful too.
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$BTC is still bearish on the weekly chart. I feel it might keep rising in the weekend and start falling beginning of next week.
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The US -China trade tensions look like market manipulation to me by Donald Trump with all his Tarrifs and pauses.But with #CPI&JoblessClaimsWatch going down a market recovery could be something even though not currently as based on TA, markets are going down.
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