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It's done! It would seem that this is the end of the beginning that was, but in fact, this is the beginning of the continuation! We had been waiting for this event for a long time, and when it seemed no one believed it, I remained convinced that everything was still ahead! As you can see, we have achieved all the main global goals, but new achievements await us! Congratulations to everyone who once believed, listened and took to the spot!
P.S. Ltc is also moving today, two friends... two comrades. They harnessed for a long time, but they are moving fast!
➡️On the bad side, the RSI on the 1d TF was still not in the oversold zone, although in this phase of the cycle it can afford it, but this “headless horseman” will scare us all the time and influence our transactions, mine for sure! Taking into account where we are now and the buffer that market participants managed to create, a price movement of 60,000 (IF SUDDENLY) can approximately unload the 1d TF according to RSI to 30% and below +/-, but this is a 1d TF, and we still have minor questions by 1 week TF, but that's a whole different story.
➡️) I analyzed in detail the current situation with Bitcoin and what to expect today after Powell’s words, take a look if you haven’t already. Now let’s summarize some results and recall the numbers: 1️⃣At 21:00 Moscow time there will be a decision on the interest rate (almost 100%, which will remain unchanged i.e. 5.5%)
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➡️As we see, the situation began to develop according to a negative scenario, I described it in detail on Sunday (here) i.e. movement to 66000 and beyond, although I bet on a positive movement, at least to 70100 and further up to 73500. This is about a local scenario from the latest ones. Unfortunately, the cue ball outplayed me, assessing the situation yesterday and today I would have the same opinion if I rewind time, after the fact someone will say that this is obvious, there is no point in arguing, everyone is their own trader, if it’s interesting, I’ll prove my point in the video.
Congratulations to EVERYONE around the world on the official and unconditional passing of the historical Bitcoin high! We also set a goal for the strategy for the month, i.e. 69400 You know my view on the situation from the last two videos and posts. Happy March 8th! Let's keep working - my dear friends!