Hello guy’s hope you all will be fine.
Today we will try to find the next move of btc. There is possibility of both loss and profit so i never give you financial advice. But i try my best to inform you the possibilities of next moves in both side
As we all know btc is trading previous week between 19500 and 20k.
There is A trend line on lower side which retested almost 4 times while on other side trend line tested only for two times which lies on 20-20200 area on 4h time frame.
So guys British PM is going to resign next year 7th July.
But there is a question.
What will be the impacts of his resign on market.?
I wana like to tell you that the largest reserve of gold is holded by Uk.
So here we can see another recession risk because you don’t ever see it before.
Let’s move toward BTC,so in previous update I already mentioned 23k before 16k.
But you should be aware of both.
21 sep there is meeting minutes of FOMC to increase or decreasing the bps point but if they increase it again then again it will be worst for BTC/Gold.
DXY(us dollar) is touching high since 2001.
It’s another point that take us toward recession.
The high is expected of DXY is 111,114.
After that we will see the recovery of BTC/GODL and all stocks.I will like to warn you that a big recession is on the way to destroy the world specially underdeveloped country.
So i again saying we are going to face historical financial crisis in whole world.
So,Reserve your money in USDT not in locale bank or in hand.
There will be opportunity for newbie’s.
So keep eye 👁 on DXY/BTC.
We Will meet again on Monday.
Thank you for your concentration.
Good luck.