BITCOIN - Intraday Chart: Waiting for the NFP!
NFP - employment data coming out in 5 hours and it WILL be MASSIVE!
FXPROFESSOR is the well-earned nickname but Bitcoin enthusiast is the identity here.
Yes, we do trade Bitcoin as a Forex trade these days, both technically and fundamentally (as well as sentimental too).
SENTIMENT:
NFP i would guess will be Positive, just a well calculated 'feeling' based on what i read and how i 'read' the situation
FUNDAMENTALLY:
Positive for the next 2 weeks (NFP+CPI inflation data releases), very complicated after that (GDP release will show recession or not).
TECHNICALLY:
Bullish, find my levels on my updated chart. 21300 and then higher would be my 'wild guess' but don't ever count on it.
Wait for the volatility at NFP time (13:30 London time).
One Love,
the FXPROFESSOR
FXPROFESSOR is the well-earned nickname but Bitcoin enthusiast is the identity here.
Yes, we do trade Bitcoin as a Forex trade these days, both technically and fundamentally (as well as sentimental too).
SENTIMENT:
NFP i would guess will be Positive, just a well calculated 'feeling' based on what i read and how i 'read' the situation
FUNDAMENTALLY:
Positive for the next 2 weeks (NFP+CPI inflation data releases), very complicated after that (GDP release will show recession or not).
TECHNICALLY:
Bullish, find my levels on my updated chart. 21300 and then higher would be my 'wild guess' but don't ever count on it.
Wait for the volatility at NFP time (13:30 London time).
One Love,
the FXPROFESSOR
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