It looks like we can close the weekly candle under the level of 0.236, so the possibility to test lower levels is growing.
Important factors - EUR/USD and GOLD - should start a downward movement. Actually I hardly believe it, but why we have seen today such a big sell of BTC? Just to make a smaller gap for CME traders on Monday? Probably there are more reasons for these actions.
In my opinion, we will see a flat or lower prices next week. When everyone believes in growth, the price can change the direction.
This post is only for educational proposes and does not provide financial advice.
Important factors - EUR/USD and GOLD - should start a downward movement. Actually I hardly believe it, but why we have seen today such a big sell of BTC? Just to make a smaller gap for CME traders on Monday? Probably there are more reasons for these actions.
In my opinion, we will see a flat or lower prices next week. When everyone believes in growth, the price can change the direction.
This post is only for educational proposes and does not provide financial advice.