Hello Dear Traders,
As we know all after closing of last weekly closing BTC is continuously declining , every rise of btc is getting shorted.
on other side we are seeing huge buying by institutions on chain data.
Also DXY is rapidly increasing after great accumulation, due to tht all other currencies in world traded against dollars are heavily declining. u can checkout EURUSD, JPYUSD,AUDUSD pairs. on every pair we can see dollar is gaining strength.
After 1 year we closed strong bearish on weekly, which is very concerning and bcoz of tht we can see current week is also Declining.
To gain bullish momentum again we need strong bullish closing on weekly, then only we can ride further to 60k and above.
Next Idea is coming on daily Intraday BUYER/SELLERS Levels.
Thank u
As we know all after closing of last weekly closing BTC is continuously declining , every rise of btc is getting shorted.
on other side we are seeing huge buying by institutions on chain data.
Also DXY is rapidly increasing after great accumulation, due to tht all other currencies in world traded against dollars are heavily declining. u can checkout EURUSD, JPYUSD,AUDUSD pairs. on every pair we can see dollar is gaining strength.
After 1 year we closed strong bearish on weekly, which is very concerning and bcoz of tht we can see current week is also Declining.
To gain bullish momentum again we need strong bullish closing on weekly, then only we can ride further to 60k and above.
Next Idea is coming on daily Intraday BUYER/SELLERS Levels.
Thank u
