Today, there will be increased volatility at the central bank meeting and afterwards, plus today will be the closing of weekly options and exiting positions in the stock market.
Cryptocurrency will follow the stock market, which is currently quite overheated and has bounced back from the August flash crash.
The scenario may be like this - the instrument will shoot local highs in the area of 62.5-63K, where there will be a test of moving averages, and mass liquidation of shorts, after which it will return to the zone of 57-58K and liquidation of longs that are gaining now.
Can there be a true breakdown with the beginning of growth to the zone of 65 and 70K? Theoretically yes, I leave about 25% probability for this scenario.
đ§šđ§šđ§šđ§šBinance is holding a contest for the best content creator, if you are interested in my content support me with your vote by clicking the appropriate button under my profile. Appreciate it.
If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.đ
Stay tuned.
