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good morning i belive most of you guyz took profit on the short trade from 66 till 61 . is there still an option to open short ? yes but dont forget 60k zone is also a support area before taking any further decision , do check the 4h closin and if you a dtrategy thats paying good returns follow the strategy with proper stoploss #BTCPredictedNewATH #BTCReboundsAfterFOMC #BTCUptober #BTC☀
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Guyz what do you think ? All time high for btc Or drop to 50k zone. ? #bitcoin☀️ #bitcoin #CryptoDecision
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🚨Bitcoin up or down ? 🚨 There are some factors that i would consider . Bitcoin dominance Usdt dominance Dollar index Spx Overall sentiments Bitcoin dominance is not that important as what matters is the overall market cap. Currenctly the usdt dominance is very close to the higher time frame support area. Which means if it moves up to touch the resistance there will be a blood bath. Dolar index is at highs if it drops we will see crypto market rising . Spx is also rising Psychological point : Market at top , there would be alot of people selling at the highs again And the buyers are super greedy now. Technical stuff : Btc create a new high at 74k areas and was rejected Which means a newly made resistance for the bitcoin. I think it will touch the highs again and then we will see if it goes side ways or creates a top wick and come back down. Right now bitcoin holding 60k areas which is a good sign but considering the other factors that i mentioned on top this is not a good time to trade with over leverage, secondly not a good time to hold coins in spot thinking of a start of bulll market . Please give me your valuable suggestions too. $BTC $ETH #bitcoin☀️ #Bitcoin❗ #bitcoinetfdaynewsupdate
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Yesterday , market crashed. Today sideways. Unemployment data negative. Market close to all time high. Leaving liquidity to the downside. No retest of previous support areas. So i believe market will push down sooner or later to grab the liquidity and to retest the previous zones.
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