Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The weekend has come and, as always, without any volumes, we are waiting for the next week, because there will most likely be a denouement, we will get a fixation at $19.500 and go to break through the $20.600 resistance, or we will again fly to update the local low $18.120
Let's start with the best side of bitcoin, yesterday, those who actively follow the charts like me, could notice that the SPX500 just poured down like a river when bitcoin practically stood still, the fund closed, bitcoin was immediately returned back to $19,200. This means there is a strong buyer in this zone holding this range ($19.000-19.500)
If we talk about bad news for the crypto market, then you need to pay attention to the DXY dollar index is setting record highs, and has already broken through the rising global channel, well, the cue ball is still standing still and this is an excellent result.
Locally, I still think that Bitcoin should go above $20,000 in order to unload SHORT positions a little.
Not financial advice, just sharing my thoughts!
The weekend has come and, as always, without any volumes, we are waiting for the next week, because there will most likely be a denouement, we will get a fixation at $19.500 and go to break through the $20.600 resistance, or we will again fly to update the local low $18.120
Let's start with the best side of bitcoin, yesterday, those who actively follow the charts like me, could notice that the SPX500 just poured down like a river when bitcoin practically stood still, the fund closed, bitcoin was immediately returned back to $19,200. This means there is a strong buyer in this zone holding this range ($19.000-19.500)
If we talk about bad news for the crypto market, then you need to pay attention to the DXY dollar index is setting record highs, and has already broken through the rising global channel, well, the cue ball is still standing still and this is an excellent result.
Locally, I still think that Bitcoin should go above $20,000 in order to unload SHORT positions a little.
Not financial advice, just sharing my thoughts!
