MONTHLY BTC CHART - 10500 OR 7100?
Updated
Good morning peeps.
At this point I'm not confident on what way this will go, in fact: the only people who are 100% sure are the market makers.
Thus being said, market makers are selling, BUT the FED is buying and pumping up stocks with have a huge correlation with BTC in the recent past.
Trump just announced good news for a vaccine...which we all know could very well result in a massive pump in the stock market. (if this happens it's likely BTC will get dragged up or down with it creating the new trend-range).
I've made multiple posts with both directions, BUT I've decided it's best to make one chart with the current range we've been stuck in for the past 90 days.
I realized sometimes less charts is better for my followers and less confusing.
Play the range until we've entered a new one, and be safe.
CHEERS.
Break 9300 on daily close = bullish bias.
Break 9000 on a daily close = bearish.
At this point I'm not confident on what way this will go, in fact: the only people who are 100% sure are the market makers.
Thus being said, market makers are selling, BUT the FED is buying and pumping up stocks with have a huge correlation with BTC in the recent past.
Trump just announced good news for a vaccine...which we all know could very well result in a massive pump in the stock market. (if this happens it's likely BTC will get dragged up or down with it creating the new trend-range).
I've made multiple posts with both directions, BUT I've decided it's best to make one chart with the current range we've been stuck in for the past 90 days.
I realized sometimes less charts is better for my followers and less confusing.
Play the range until we've entered a new one, and be safe.
CHEERS.
Break 9300 on daily close = bullish bias.
Break 9000 on a daily close = bearish.
Note
HOWEVER, I am long BTC.See you guys at 9400 or 9000.
Gonna enjoy my life a bit.
Cheers.
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