BTC looks kinda bearish again a short scalping to make some quick stack, Load em up
Btc is making a double top pattern so a quick short entry is justified here but this trade is too risky. Market is still bullish we're trading in reverse direction so trade according to risk #DYOFR
Fundamental Development:- Crypto community eyeing three macro events to tip crypto scales in July The crypto community is looking into three key dates this month that could profoundly impact the trajectory of the crypto market and the wider United States macroeconomic environment this year. On July 13, the monthly Consumer Price Index (CPI) and data relating to...
$BTC Testing $20,338 resistance area, last 4h close with bearish pin bar, current support at $19,894. Needs to close today's daily above $20,338 to avoid bearish pin on daily.
BTC looks kind of bearish, our shortzone is specified in the chart, and we have 3 TP's in this case wait for proper time don't fomo The price has the tendency to bounce from that resistance so wait for that zone otherwise do not take the trade at all Always DYOFR
$BTC Testing $19,003 support as i told you yesterday. $19,535 area resisting as usual. If breaks current support $18,529 support will come in effect as yesterday's 1D close was bearish pin bar. Continue watching given support and resistance area.
$BTC Yesterday's 1D close with bullish hammer which was followed by $20,812 test which is again a key resistance, about 18H left for current 1D close, last 4H close signaled major bear with bearish pin bar, possibility of $19,003 test on current or next 4H.
Short Btc in this area, its not a much big target but worth a shot
Fundamental Development:- Jacobi Asset Management to launch Europe's first Bitcoin ETF on Euro next Jacobi Asset Management said on Thursday that it would launch Europe's first Bitcoin exchange-traded-fund (ETF) on the Euronext exchange, in a sign of the crypto currency’s appeal despite its volatile price swings. The company said its Jacobi Bitcoin ETF would...
Fundamental Development:- Regulatory uncertainty creates rash of ‘novel’ lawsuits: Legal experts Regulatory uncertainty surrounding crypto has created a “fertile environment” for crypto-related litigation and enforcement to grow, according to lawyers from Choate Hall & Stewart LLP. In an analysis piece published on Law360 on June 28, lawyers from Choate Hall &...
In this series we're going to execute series of trades to see the out comes of the result
Short btc before its too late, this is a series of trades
In this series we are going to trade a series of trades to see the result and at the end I'm going to share the results to stay tuned
Fundamental Development:- Institutional crypto asset products saw record weekly outflows of $423M Digital asset investment products saw record outflows totaling $423 million last week, with institutional investors from Canada representing nearly all of the carnage. According to the latest edition of Coin Shares’ weekly “Digital Asset Fund Flows” report,...
$BTC $20,338 support came in effect breaking $20,812, 1D close with bearish pin bar. Last 4H close with bullish doji. Expecting range of $20,338-$20,812 here for today.
In this series of trade we are gonna execute trades and see the result
Bitcoin big picture top down analysis.. you can check the weekly in my profile, right now I am expecting it to hit 23k level before dropping down to 10k.. overall it's bearish and my poi for shorting is at 23k level though the extreme level it might hit is 28k but the bearish momentum is high so it's least likely to hit that level.
$BTC #BTC Broke $21,299 with reattempt at $21,791 which resisted and held strong. 2 Attempts in last 6 days to break $21,791, 1W time-frame seems to be settling down slowly from the bearish turn. Continue watching $20,812 support which remains key for now.