So after this analysis, I’m thinking we will end up at $57k | Understanding crypto en Binance Square

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So after this analysis, I’m thinking we will end up at $57k on btc.
So after this analysis, I’m thinking we will end up at $57k on btc.

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Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.

BTC

60,431.61

-2.88%

412

0

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US Federal interest rate cut decision is to be expected today 6hours and 33minutes from now. If they cut by 25, 50 or 70bps it will be bullish. (I’m thinking 25). But if they don’t cut then.. welp! Volatility is on the way with this though so be prepare

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I haven't sent any daily or intraday forecasts lately because BTC is not trading in my ideal type formations. It's just slowly trending downwards in a bullish divergence. Divergences usually bring about a violent reversal but the problem here is i don't have any signal for a reversal nor continuation to the downside. Our last video showed where it could bottom if we just continue down but that's MACRO! but as we zoom in, i don't have the right signals to see it's projection. So what i'm i doing now? well, I'm accumulating low leverage longs. This is of course risky because we could go down forever but it's just what i'm doing given that on the macro, i believe there's a rally coming. If we do rally into the rate cuts however, I will be taking profits.

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Welcome to September ladies and gentlemen. Arguably the worst month in crypto. We will update on the markets tomorrow as we get the weekly candle close today. We got last September’s forecast right as predicted a more stable month than a crash. We’ll see for this one tomorrow. Subscribe to understanding crypto over on YT.

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Ve Market Forecast I just noticed that Polkadot put in a new low last week. However, this is how i read the chart. What do y'all think of the Bull mmarket setup? There's a chance that it does not go that low but ideally it should. So if it does, i will strike like a viper

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