BiloCrypto

BTC in a macro dependent DSMA squeeze

Short
KUCOIN:BTCUSDT   Bitcoin / Tether
Im still bearish for now as $BTC gets rejected multiple times @ 100DSMA forming a double top on lower TF and dropping. Probs a ping pong off 50DSMA & then a MA macro dependent squeeze. Notice the 618 rejections as well.

👀 on Macro this week:

Wednesday: #FOMC rate hike announcement

Thursday: #BOE rate announcement

Friday: US unemployment

Then next week on Wednesday US FOMC rate hike decision.

BiloCrypto
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