My expectation is upwards on the #BTC side, but I am trying | Huseyn Mammadov on Binance Square

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Huseyn Mammadov

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Bearish

My expectation is upwards on the #BTC   side, but I am trying this transaction as scalp.
#notcoin  #BinanceLaunchpool  #BinanceLaunchpool  

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#LINK🔥🔥🔥 $LINK If the price can break the downtrend with a volume-backed move, potential rises up to the grey box should be considered. The box is an S/R zone, and if the price rises by accumulating liquidity, it should be shorted from that area with LTF confirmation.

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On September 13th, spot #BitcoinETF💰💰💰 s saw an inflow of $263 million, while spot #EthereumETFs had an inflow of $1.5 million. 📈

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#MicroStrategy announced on September 13 that it purchased 18,300 #Bitcoin❗ . The acquisition cost the company $1.11 billion, with an average price of $60,408 per Bitcoin. With this purchase, #MicroStrategy now holds a total of 244,800 #bitcoin☀️

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If the price reacts and re-enters the zone after a breakout, I plan to take a short position. I'll wait for the loss of the FVG area formed during the last rise before entering the trade #Ethereum $ETH

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In the first week of September, $1.78 trillion was wiped off #U.S. stock markets, impacting the crypto markets as well. #Bitcoin , in particular, saw a 10% decline due to volatility linked to stock market turbulence, and there was a $500 million liquidation. The rising uncertainty among investors led to the closure of leveraged positions in the market. However, analysts suggest that #Bitcoin $BTC is becoming increasingly resilient to such financial upheavals and could attract more investors in the long run. 📉💰 Despite fluctuations in traditional markets, digital assets continue to serve as an alternative. 🚀

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