📍Overall Outlook -A break and hold above 100k may open the door to further upside -A break below 90,800, however, could trigger a deeper correction or a new downtrend move
📍Overall Outlook -A break and hold above 100k may open the door to further upside -A break below 90,800, however, could trigger a deeper correction or a new downtrend move
-BTC is in a downward trend -The price must stay above that trendline for a rebound -Otherwise, the correction may continue 📍Decide your position based on whether the price holds above the trendline or drops below it
After yesterday's Price Action, I don't feel that the downside is in yet. There will be more blood in the streets once they'll make everyone turn bullish again above 100k.
IMO, we might stay around 100k for next 2-4 days before the final flush. You should book profits on positions bought lower yesterday and rebuy around 85k
IMO, 85k is coming no matter what. So prepare yourself accordingly ✅️
-There is a 99% chance that the interest rate will be cut by 25 basis points 📍What’s more important is what Powell will say during the FOMC conference -Brace for volatility ⚠️ $BTC $ETH $BNB