- 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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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.