Short

Updated

BTCUSD update

BTCUSD is below 200 moving average and exponential moving average
It broke below $8000 and briefly touched $7900.
March 21st is the US Federal Reservse meeting to raise interest rates with 88%+ chance of 24 basis point increase, which will make US dollar rise.
Libor rate is rising which could cause USD to break to the upside in 1-3 months, and push any crypto USD pairs down more.

Note

Making bear flag for March 21st.

Note

Well actually probably for tomorrow or Monday.

snapshot

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.