BTC UPDATE (AGAIN...)

已更新
Just to put some more reason behind the decision to re enter short.
To sum things up we haven't seen a test at ~31500 (red circle and level marked on a chart). We may still get it but at the moment there is some trouble closing above 29500. If we close above then we gonna see a fight to enter the next bullrun. At the moment it's safer to bet short. If we break below 26900 (latest bear trap) things will accelerate and it opens a possibility for 25700, then even to 23-22k.

Indicies at extremely high levels with speeding up recession (becomes really noticable where I live - UK). Some selling may take place there so it's unlikely to see BTC ignore it totally.

Next month will be extremely important due to interest rate decision which will be made on 3rd. If they gonna keep raising the rates then something is going to break for real. Now all banks going down were used as an opportunity to buy the dip, perhaps to sell the news on interest rate hike pause. Last time when that decision was made Powell really struggled to keep his face straight when the questions about future hikes were asked. It seemed like he already knew this one was the last, but that's just me speculating so may totally turn to be rubbish.

Keeping in mind some key levels will help. Closing above 4200 on US500, 35000 on US30 these are the ones I'm paying close attention to.
註釋
Just got kicked out of my short at 29500. Like I said the risk was tiny so gave it a try. Still have my spot positions that are there in case we moon. Hbar and QNT performance is the strongest so far
註釋
Algo very disappointing, hitting all time lows continously at ALGO/BTC
Chart PatternsFundamental AnalysisTrend Analysis

免責聲明