BTCUSDT | Update the bottom or not?
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▫️ How is your week? It seems to me, as expected, it is issued hot, to be continued
▫️Guys, I want to share my thoughts on everything that is happening around the cryptocurrency and stock market.
▫️After all the rallies that we saw this week, at the moment the asset has stopped near the local resistance of $19.500 (0.786) Fibonacci.
▫️I expect the downward movement to continue against the backdrop of a weak stock market, the $19.000-18.500 range is now support, if Bitcoin breaks through these two zones, we can expect a continuation to $17.620, wrote about it at the beginning of the week!
▫️The stock market is now going through hard times, at every press conference from the Fed they only talk about fighting inflation and raising the key rate to 4.5% by the end of 2022. This is very strongly reflected in the SPX500 and the cryptocurrency market.
▫️Ahead of us is Friday - a volatile day! Be careful, and better tighten your feet in the (used) rally can continue.
▫️ How is your week? It seems to me, as expected, it is issued hot, to be continued
▫️Guys, I want to share my thoughts on everything that is happening around the cryptocurrency and stock market.
▫️After all the rallies that we saw this week, at the moment the asset has stopped near the local resistance of $19.500 (0.786) Fibonacci.
▫️I expect the downward movement to continue against the backdrop of a weak stock market, the $19.000-18.500 range is now support, if Bitcoin breaks through these two zones, we can expect a continuation to $17.620, wrote about it at the beginning of the week!
▫️The stock market is now going through hard times, at every press conference from the Fed they only talk about fighting inflation and raising the key rate to 4.5% by the end of 2022. This is very strongly reflected in the SPX500 and the cryptocurrency market.
▫️Ahead of us is Friday - a volatile day! Be careful, and better tighten your feet in the (used) rally can continue.
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