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Logic says #BTC at heavy 3D supply.
Short it.
But market is getting bullish. Can straight off trap shorters. So better to stay flat until the resistance gets taken out
Or price comes back to MSB where buy can be entered.
Finally 20K followers done!!
We have really big plans than what's here right now but the hunger to achieve them has increased immensely among us!!
@mr_90ss
No Bullish Close for #BTC. Price being supported by Daily demand MSB which is a must hold ~ 40400 zone.
LTF resistance being formed at 41500.
Looking to see reaction at these two levels for any trade setups.
The way #BTC is moving 44.7-45.5k looks very much possible. A weekly close above 43.2k will mea leaning towards bullish and a weekly close above 45.5k will mean absolutely Bullish.
45.5k the ultimate resistance. Looks quite hard to break but you never know what #BTC can do.
Market story since a month.
Putin says Fight
Dump Dump
Putin says peace
Pump Pump
No news from War.
Dump Dump
Overall market is still bearish. But fundamentals are so strong this time concerning world economy that the moment these news comes TA on Lower time frame fails.
Just FYI
There is pair of
RUBLE on #Binance
BUSD/RUB
Its already around 70-80% up since #Russia started facing sanctions. Will most probably go more up!
You are not a trader if you have a bias whether it's Bullish or Bearish.
It's no doubt one day #BTC will hit 100k but 99.999% people won't hold upto that and nobody knows when 100k comes.
Having a bias like always bullish impairs your ability to look at the obvious.
2/2
Russia and Ukraine war news has controlled the markets.
Expect more volatility in coming days if war happens
Biden or Putin, no one is ready to let things go.
Effect will be on Crypto too.
BTC is no exception.
All you can do is to wait and see whats going on.
Current situation!!
1/2
If you are worried about market, understand this that currently Geopolitical situation is not good.
There are many more things which are going at one time.
Most of the financial markets are suffering except Gold and Crude Oil.