Hey, traders. Hope you guys having nice day. There are some events in this month. Let's check what it is and how it will affect on the price of Bitcoin.
We can see 1. the price stuck in 19500 ~ 20500 2. short-term ascending channel had broken 3. the price is in long-term descending channal
We should check 1. ECB monetary policy meeting on Thursday. 2. Powell speech on Thursday. 3. FOMC on 20th.
We can expect 1. the price goes downward heading to 18000.00, this can be chance to buy on bottom of box pattern. (but, not recommended) 2. the price goes upward, we can have chance to sell on 22000.00
Pobility of giant-step at the ECB monetary policy is the most dominant view for now. There will be big movement after that and this can be big chance for trading. Let's see how it moves and hope you guys have winner's day.