Morning folks,
BTC has left our channel only to drop back later. Right now we do not see reasons to change our plan. 52-52.5K target is too close to ignore it. And market shows signs of bearish dynamic pressure.
Trump defeat in Court and potential menace cost of 150 Bln is not good for most risky and non-interest bearish assets. Clarity Act is somewhere in the future. So, we keep everything intact.
The only compromise that long term investors could take is a gradual entry on different support levels with last entry around 52.5K. Because BTC has to reverse here. If its not - it will not reverse at all. That is a cruel truth...
BTC has left our channel only to drop back later. Right now we do not see reasons to change our plan. 52-52.5K target is too close to ignore it. And market shows signs of bearish dynamic pressure.
Trump defeat in Court and potential menace cost of 150 Bln is not good for most risky and non-interest bearish assets. Clarity Act is somewhere in the future. So, we keep everything intact.
The only compromise that long term investors could take is a gradual entry on different support levels with last entry around 52.5K. Because BTC has to reverse here. If its not - it will not reverse at all. That is a cruel truth...
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.