I wrote about what will happen over the weekend regarding $BTC . Right now, it will fall until the US interest rate announcement. The announcement on September 18th may shape the market. I hope my followers make money in BTC futures 🤑🍀
I wrote about what will happen over the weekend regarding $BTC . Right now, it will fall until the US interest rate announcement. The announcement on September 18th may shape the market. I hope my followers make money in BTC futures 🤑🍀
I wrote about what will happen over the weekend regarding $BTC . Right now, it will fall until the US interest rate announcement. The announcement on September 18th may shape the market. I hope my followers make money in BTC futures 🤑🍀
$BTC is facing strong resistance at $60,000. When looking at the liquidity map, it is seen that there are intense sell orders around $61,000. A volume break of this level is necessary for the continuation of the rise. Otherwise, there is a high probability of a pullback to the support levels of $59,000 and $58,000. Technical indicators are giving an overbought signal, especially the MACD and RSI indicate that the rise may lose momentum. It is necessary to be cautious in the market and pay attention to volatility. We are at critical levels for those who think of taking profits in short-term transactions.
I think $BTC will continue to go down. 1 (One) We are pricing the cost of $BTC . We are also under a lot of pressure from regulation... There are two reasons why the cryptocurrency market has increased recently.
1) Election propaganda in the USA
2) EFT entries.
Now; EFT entries are coming out, did the US election propaganda price the market?
Now #Bitcoin is completely a stock, and its centrality is the USA = 48000$
🔹 Support Points: The 58k level is considered important, but it is not yet in a safe zone. The 57.5k - 57.7k range is also monitored as critical support.
🔹 Risks: It is known that September was generally difficult for cryptocurrencies. There are concerns that Bitcoin has experienced a 10% decline. If the 58k level is broken, the price may retreat to 54k.
🔹 Potential: The triangle formation creates compression. In the event of an upward break, the 65k level may be the target.
🔍 General Situation: The market is undecided; direction is uncertain. The impact of policies after the US elections is wondered.
Yes, Bitcoin continues to gather liquidity around 57000. Continue selling, the offered prices are currently bearish. I can close my short position by looking at the situation around 57000.