LIVEThis evening, we provided a bearish update while trading at 59000, but $BTC couldn't drop further. Additionally, BTC suddenly rose from 59k to above 60k due to the US unemployment rate expecting a higher rate. Normally, BTC isn't affected by news like #fomc , CPI, or other US news during morning-to-evening sideways trends, allowing buyers to easily occupy the market.
👉 If #BTC isn't trading sideways and is in a bullish or bearish momentum before data is published, it definitely moves in the opposite direction after the data is released.
👉 Anyway, I shared a bullish update for the #BTC market after the 6 PM 15m candle closed while trading at 60430. BTC rose to a maximum of 62239, gaining 2.99%.
👉 Some individuals comment negatively after sudden rises, calling others uneducated about trading. They always appear when our analysis results in losses, but are silent when it results in profits. I don't let them bother me.
👉 In the bearish update, BTC faced losses of -2.42%, but after providing the bullish update, it gained +2.99%. Why aren't you ready to recover those losses? As traders, you should accept losses when they occur and move on to the next trade to recover. They shouldn't blame anyone.
👉 Now, I'm going to sleep, so I won't be online for the next 6 hours. Trade at your own risk. Here's some information for the next 6 hours:
#BTC Information for the Next 6 Hours:
- If BTC drops and the 15m chart candle closes below 61105 , everyone should close their long positions.
- When can BTC possibly enter a sideways trend? If the BTC price drops below 60373, it may enter a sideways trend. If it doesn't reach this price, BTC will not enter a sideways trend. (This information is valid for the next 2 hours).
Thanks for your support -@Dark Knight Signals -