💸 Having been watching Bitcoin for the past 2 weeks, I am beginning to change my attitude about this cryptocurrency.
💸 Hour by hour I am starting to lean more and more in favor of a downward scenario.
💸 As recently as last week I thought that a breakout would be possible for days, unfortunately, the neagitive sentiment has taken hold and Bitcoin, imitating the indexes, is starting to chart a sequence of lower and lower peaks, which is an unequivocal show of weakness.
💸I fear that in the days to come we will see a test of the double bottom and then if it is not finally defended we will fly into the range of $16k per btc.
🚀 If you like my analysis leave a like and follow my profile 🚀
💸 Hour by hour I am starting to lean more and more in favor of a downward scenario.
💸 As recently as last week I thought that a breakout would be possible for days, unfortunately, the neagitive sentiment has taken hold and Bitcoin, imitating the indexes, is starting to chart a sequence of lower and lower peaks, which is an unequivocal show of weakness.
💸I fear that in the days to come we will see a test of the double bottom and then if it is not finally defended we will fly into the range of $16k per btc.
🚀 If you like my analysis leave a like and follow my profile 🚀
Note
Little movement as we wait for tomorrow's inflation data in the USATrade active
Movement in line with analysis, following inflation readingsNote
Bitcoin is struggling, we will see what today's session will bring. The specter of recession hangs over the U.S. economyTrade active
A new updated post will be published in the coming days
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.