The Chase of Cheaper Bitcoin π΅οΈββοΈπ°
Hey Traders, FXPROFESSOR here! π€ Let's talk Bitcoin. It's been a rollercoaster, for indices hasn't it? π’ check my last Nasdaq chart here: www.tradingview.com/...ting-the-Volatility/
The Sideways Saga π
Bitcoin's been moving sideways since August 23rd. Highs at 28,200 and lows around 24,900. Right now, we're smack in the middle at 26,430. π― Major resistance/support is at 26,800. Will it break higher? π€(I think it will!)
The Chase Effect π¦
JP Morgan Chase recently banned crypto transactions in the UK. π« JP Morgan News Could this be a ploy to buy cheaper Bitcoin? π€¨ I think so, yes but also check the bonus link below)!
What's Next? π€·ββοΈ
If we break higher, aim for 28,990. π
If rejected, we could dip to 25,200 or even 24,800. π
Everything's up in the air. Let's see how the chase for cheaper Bitcoin pans out for JP Morgan and for us. π΅οΈββοΈπ°
One Love,
The FXPROFESSOR π
Links:
www.reuters.com/tech...sactions-2023-09-26/
cointelegraph.com/ne...overnment-controlled
cointelegraph.com/ne...estors-jpmorgan-exec
Bonus link:
finance.yahoo.com/ne...uying-183900306.html (People thought they caught JPMorgan buying bitcoin after Jamie Dimon called it a 'fraud' β but that's not what happened) -just so that we have the 'other side of the story')
The Sideways Saga π
Bitcoin's been moving sideways since August 23rd. Highs at 28,200 and lows around 24,900. Right now, we're smack in the middle at 26,430. π― Major resistance/support is at 26,800. Will it break higher? π€(I think it will!)
The Chase Effect π¦
JP Morgan Chase recently banned crypto transactions in the UK. π« JP Morgan News Could this be a ploy to buy cheaper Bitcoin? π€¨ I think so, yes but also check the bonus link below)!
What's Next? π€·ββοΈ
If we break higher, aim for 28,990. π
If rejected, we could dip to 25,200 or even 24,800. π
Everything's up in the air. Let's see how the chase for cheaper Bitcoin pans out for JP Morgan and for us. π΅οΈββοΈπ°
One Love,
The FXPROFESSOR π
Links:
www.reuters.com/tech...sactions-2023-09-26/
cointelegraph.com/ne...overnment-controlled
cointelegraph.com/ne...estors-jpmorgan-exec
Bonus link:
finance.yahoo.com/ne...uying-183900306.html (People thought they caught JPMorgan buying bitcoin after Jamie Dimon called it a 'fraud' β but that's not what happened) -just so that we have the 'other side of the story')
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market update as price got rejected, still Bullish though
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updated levels
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updated levels
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hello October
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on the way to the big target..and then? Stick around for updates!!!
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