BTC broke the key support which kept up the price from August 19 to September 6. Now it’s sliding to test the miner’s defense, where there are many listed positions.
$18183 is the support of this slide. Breaking down this target point will see a drop.
As mentioned in our previous analysis and macro weekly report, September is risky and we are experiencing a slump. Refer to our report for monitoring the central bank’s decisions and the tapering progress.
QT doubles in September. Fed lifts the upper limit of QT to 95 billion (60 billion treasury bonds + 35 billion MBS). The market is under the pressure of quick and massive liquidity drainage.
The market expected interest rate hike in September: 50bp(28%),75bp(72%)
$18183 is the support of this slide. Breaking down this target point will see a drop.
As mentioned in our previous analysis and macro weekly report, September is risky and we are experiencing a slump. Refer to our report for monitoring the central bank’s decisions and the tapering progress.
QT doubles in September. Fed lifts the upper limit of QT to 95 billion (60 billion treasury bonds + 35 billion MBS). The market is under the pressure of quick and massive liquidity drainage.
The market expected interest rate hike in September: 50bp(28%),75bp(72%)
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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.