BINANCEUS:BTCUSD
BTC is still following bearish channel and bounced off of 35k psychological barrier. Consolidation likely to continue through end of Month before continuation lower within the channel. The rest of the crypto market will follow suit (for the most part).
The macroeconomic factors at play right now (the fed raising rates, presumably in march. the...
BINANCEUS:BTCUSD
# Note: This is not financial advice, nor am I a financial advisor
Looking at some broad market conditions:
* Unwinding risk at EOY to close out gains at funds
* Massively over-valued market run for equities and crypto
* High levels of leverage across markets (dipping from crypto to equities and equities to crypto)
* Covid uncertainty
* Fed...
