- BTC is currently at resistance diagonal that previously was a support. A very dangerous and pivotal point. Already tested it and didn't pass through.
- The pump was a very smart play during USDC depeg along with Binance converting emergency fund from $ to BTC, BNB, ETH. Hence there is a stall pre-CPI with no certain continuation.
- Whales are still selling. Exchange outflow of 7.15k BTC quickly changed to inflow of 11.73k YTD.
- 25.2k is still a expected as a massive sell area
- 2 x 4H closes above Daddy Trendline will suggest an attempt at 25.2 area.
- For a certain trend continuation a monthly closure 25.2k is needed.
At this point in time, shorts look much more attractive than longs. Stay safe in the news driven environment.
- The pump was a very smart play during USDC depeg along with Binance converting emergency fund from $ to BTC, BNB, ETH. Hence there is a stall pre-CPI with no certain continuation.
- Whales are still selling. Exchange outflow of 7.15k BTC quickly changed to inflow of 11.73k YTD.
- 25.2k is still a expected as a massive sell area
- 2 x 4H closes above Daddy Trendline will suggest an attempt at 25.2 area.
- For a certain trend continuation a monthly closure 25.2k is needed.
At this point in time, shorts look much more attractive than longs. Stay safe in the news driven environment.
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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.
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.