#BTC $BTC Hey guys. Fed Chairman Powell confirmed a cut in | Kirill Gaitan l PROFIT_PILOT on Binance Square

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Kirill Gaitan l PROFIT_PILOT

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#BTC $BTC 
Hey guys.
Fed Chairman Powell confirmed a cut in the benchmark interest rate this fall, the amount of the cut will depend on incoming data. Against this backdrop, bitcoin reached 63k.
Stay tuned.

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Kirill Gaitan l PROFIT_PILOT

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#BTC $BTC Hey, guys. Bitcoin has hit a local high. At the moment I'm watching the 61300 and 62300 zone after liquidity withdrawal in these zones, the price should not fall much. Local support is at 59K from where today's move started. In this zone I took some profit from the table and left about 50% of the position in the market. If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.👍 Stay tuned. #Write2Earn!

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#Moonbix🚀 Hey guys Binance rolled out their telegram game, whether it will be a successful attempt to replicate Hamster, Blum, Catizen we will see. There are chances to gain some tokens, which can then be listed on the exchange. The link to the telegram application can be found in my telegram channel Kriptos84BTC If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.👍 Stay tuned.

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#BTC $BTC Hey guys. Bitcoin has corrected 5% from the weekend high. The price tested the area where the last impulse started, absorbing all the growth. Support is still below 55.5K and more distant below 53K. If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.👍 Stay tuned. #Write2Earn!

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Hey, guys. Today is Monday, so it's time for a weekly review of the instrument. Last week I wrote that the volume of liquidations when the price was rising was 8 times higher than when it was falling, and that it would be easy for buyers to accelerate the price. I also considered buying at the breakdown of the key zone of 56K. As a matter of fact, we saw first a throw into the 58K zone where the price stood for a while and then boom and we are already at 60K. In fact, this trade was quite easy to read and had a good r/r, if we want to make money on trading, we have no right to miss such trades. On the weekend the price reached 60.6K and after trying to consolidate above 60K we saw the market smile and the price went to test the 58K support. At around 60K I reduced my risk a bit. What I am doing, I still have a part of the position in the market, and if the price goes higher it is good, if not, I took some money out of the market and I will not be upset. Stop is still below 55.5K. Key supports are 57.5K and 55K zone. In onchain metrics there was an outflow from exchanges, reserves on exchanges are also low. Open interest in futures contracts decreased when reaching 60K, which tells us about partial unloading of buyers. Perhaps the price will reach the 61-61.5K zone where the downtrend is located, and as long as the price has not broken it, we cannot say that we are back in the uptrend. This week the main event is the Fed interest rate decision, and it is impossible to make any predictions on how the price will behave. At the moment, the probabilities of a rate cut have shifted to a double cut of 60% and 40% towards a 25 basis points rate cut. The double reduction will mean that the Fed recognizes the problems in the economy, and it is hard to say how the market will react to it. It is worth remembering that after the last two Fed meetings the market was falling, whether it will be the same this time or vice versa, we will see. Stay tuned. #Write2Earn! #BTC $BTC

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Hey, guys. Bitcoin is correcting, took some movement. Tomorrow we'll see as always in detail in the weekly review. If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.👍 Stay tuned. #Write2Earn!

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