Michiel1989

Hearing ETH to affect BTC?? : scenario's

BITFINEX:BTCUSD   Bitcoin
The SEC hearing about ETH beeing a security or not might impact BTC price as well...

As seen in chart above we might bounce of 9200-9000$ ( ETH positive outcome, likely to happen)

Scenario 2:

ETH SEC hearing brings negative news, and we might see a further retrace to old old support lines that are around 8300$ ( Support lines are crossing there with high volume area. Likely to hold.

Let's find out today and trade the charts!!!
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