BTCUSDTBTCUSDTBTCUSDBTCUSDBTCUSDBTCUSDT.PBTCUSDMarket moves on Zig-Zag
Those who think it will keep going lower straight without retracement they are wrong (Sideway is possible)
Fundamental :
-Coinbase Sells (SilkRoad BTC Dumping)
-Tax
-KuCoin Fud
-Binance Fud
FUNDAMENTAL = Bearish (But things can change quickly)
Technical :
Retracement :
20,800
Resistance :
21,400
Support :
19,000
Emotional :
-Market is full of fear and the majority is bearish
-Panic
-Bias
Data :
-Huge liquidity at 18K
-90% Longs Liquidated
-Interests are negative
Keep an Eye :
-March 14th (Tuesday) CPI
-Mtgox BTC (April)
-ES / SPX
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.