What's next for Bitcoin?
Well....We reached the key support areas as anticipated regardless to all the news coming out.
Negative aspects:
'Assumptions' Elon sold his BTC
China Bans Crypto as form of payments
Big Short Michael Burry's position on Tesla! For analysis regarding Tesla, in our weekly newsletter - We was short Tesla for while...!
Regarding all these aspects = Negative outcome + Technical supported.
Now we are a very interesting area key trendline going up, if we go above and stay 45/46 k area bulls can gain further control. However, if we bounce off that resistance, we could decline towards lower 30's, 25's, 20k areas. However, for now keeping an eye on 200EMA.
Whilst shorting BTC, it's been fun with the precious metals - For that further analysis stayed tuned for our weekly newsletter!
Have a great day ahead.
Trade Journal
(Just a trade idea, NOT a recommendation)
Well....We reached the key support areas as anticipated regardless to all the news coming out.
Negative aspects:
'Assumptions' Elon sold his BTC
China Bans Crypto as form of payments
Big Short Michael Burry's position on Tesla! For analysis regarding Tesla, in our weekly newsletter - We was short Tesla for while...!
Regarding all these aspects = Negative outcome + Technical supported.
Now we are a very interesting area key trendline going up, if we go above and stay 45/46 k area bulls can gain further control. However, if we bounce off that resistance, we could decline towards lower 30's, 25's, 20k areas. However, for now keeping an eye on 200EMA.
Whilst shorting BTC, it's been fun with the precious metals - For that further analysis stayed tuned for our weekly newsletter!
Have a great day ahead.
Trade Journal
(Just a trade idea, NOT a recommendation)