btc daily chart showing pre longed ranging from 6250-6800 . TA doesn't work efficiently in such ranging/sideway market , so u can find many TA expert confused on BULL or BEAR stand .
but some basic facts can't deny that BTC is going to be dumped . closure of FIAT gateways all over the world (india,china,vietnam ,malaysia) leading to lesser actual money (FIAT) flow, leading to many local crypto exchanges taking closure route .
USA is the only country pumping biggest chunk of FIAT in crypto- but the recent ruling by a fedral judge & resulting SEC ceasure of 1broker & SEC announcing to treat token at par with securities for implementing investor protection rules(lol, then why 2008 blackswan happened) . things r not boding well for crypto.
looking for btc at $3500 next month (october) .
note- i may be wrong or right in my presumptions & i m fully capable of changing my presumptions & trades , so don't take it as trading advice . ur money is collateral of ur trade ,not mine , so responsibility of ur trade is solely urs .
but some basic facts can't deny that BTC is going to be dumped . closure of FIAT gateways all over the world (india,china,vietnam ,malaysia) leading to lesser actual money (FIAT) flow, leading to many local crypto exchanges taking closure route .
USA is the only country pumping biggest chunk of FIAT in crypto- but the recent ruling by a fedral judge & resulting SEC ceasure of 1broker & SEC announcing to treat token at par with securities for implementing investor protection rules(lol, then why 2008 blackswan happened) . things r not boding well for crypto.
looking for btc at $3500 next month (october) .
note- i may be wrong or right in my presumptions & i m fully capable of changing my presumptions & trades , so don't take it as trading advice . ur money is collateral of ur trade ,not mine , so responsibility of ur trade is solely urs .