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Analysis on #BTCUSDT
Hello friends.
things were looking good and supported for the Crypto market just 4 hours ago, as you can see on the chart BTC failed to break above trendline resistance
I believe everyone who knows bullish flag pattern understands this a continuation pattern, that moves to the upside, but we have to keep watching the dollar, Covide-19 cases, and the gold market, and many other markets, to really understand, are we moving higher?, or just put some money here to work for me in the long run.
it is becoming a difficult market while the USA economy is recovering, leading to a stronger dollar,
what's bothering me about the dollar that it is not clear or decisive, I mean it is not very strong or a leader on the FX market at least this how I see it.
If it is really strong, gold will go down, crypto will melt down, indices will struggle, commodity market will fall, relatively speaking.
yes, the dollar is sneaking upward, but in a weak move,
Let us keep watching
Safe trading everyone
Check today analysis below⠀
>> Don’t worry about what the markets are going to do, worry about what you are going to do in response to the markets.
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you