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Tro乙an
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$BTC LOCAL UPDATE The main support is now located at the $64,000 - $64,700 mark. Buying there makes a big sense (if you've somehow managed to still be not all in crypto). More likely we will see another test of this support zone. Anyway, the worst events left behind. The main resistance — $67,700. Once it is broken, we can rally upwards again.
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As I said, I just bought more #W on this dump. Now my average entry point is $0.6.
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JUST IN: 🇭🇰 Hong Kong approves spot Bitcoin & Ethereum ETF application.
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$ARB Arbitrum broke down through the 100 MA, leading to a sharp corrective move📉 The asset is currently holding above a crucial support zone🔺 The RSI indicator is in oversold and is forming a hidden bullish divergence suggesting a potential bounce in the near future👨💻
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$BTC UPDATE Unfortunately, Bitcoin was not strong enough to hold the bear pressure caused by the recent news from the Middle East. April turns out to be quite eventful month: - Hong Kong SFC potentially approves ETF (15th of April) - Bitcoin Halving (19th of April) - Escalation of armed conflict on the Middle East (possibly this month) Massive Bullish events overlap with Huge Bearish ones. That's why we need to take a look at the bigger picture... ...overall we can see a continuation of decreasing and another fake breakdown of the $60,000 support level. The shadow might even touch the $54,000 level (but chances are not that high). What we can surely assume — retail investors will not hurry to put money into high-risk assets (crypto included) when the pease is at risk.
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