TO as many that hopped on this trade with me, congratulations are in order.
BTCUSD is quite slow that was the reason price took a whole 3 days to hit a mere 3000 + pips instead of our original 7000 pips but let greediness not seep in, take your profits because a sell divergence has started forming already which means seller will soon dominate the market and take price back to our entry level which is around $62,886. Reason being that the Dollar Index (dxy) is on a bullish momentum trend due to inflationary worries which simply means there will be bearish implications for XXX/USD pairs.
BTCUSD is quite slow that was the reason price took a whole 3 days to hit a mere 3000 + pips instead of our original 7000 pips but let greediness not seep in, take your profits because a sell divergence has started forming already which means seller will soon dominate the market and take price back to our entry level which is around $62,886. Reason being that the Dollar Index (dxy) is on a bullish momentum trend due to inflationary worries which simply means there will be bearish implications for XXX/USD pairs.
