BTC Short
BTC had a great run since last week. Now we are sitting at an important resistance zone. If we lose this 11250 zone then we will probably head towards 11050 area where the CME gap formed.
Also, in the US we now have 2 vaccine trials and 1 antibody trial on hold due to complications which is already impacting the markets. Stimulus probably won’t happen until after elections either. CZ from Binance also tweeted that China maybe announcing their DC tomorrow. He’s been a great countertrade since I think when he posts things like this is to create FOMO (at the top)and liquidity for his MMs to exit. Just a thought. Let’s see how this plays out. Stay safe bros and sistas.
Also, in the US we now have 2 vaccine trials and 1 antibody trial on hold due to complications which is already impacting the markets. Stimulus probably won’t happen until after elections either. CZ from Binance also tweeted that China maybe announcing their DC tomorrow. He’s been a great countertrade since I think when he posts things like this is to create FOMO (at the top)and liquidity for his MMs to exit. Just a thought. Let’s see how this plays out. Stay safe bros and sistas.
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