BTC/USD cycle bottom found - time to celebrate?
This analysis is not intended to be a piece of financial advice.
It is affirmative to believe that Bitcoin Cycle Bottom is technically formed and found. The market may show some rally, as well as a reversal to retest the Cycle formation so the swings will benefit. Markets may anticipate some relief as the labor report is above expected numbers. The next interest rate may likely be not 75 basis points; instead, it is likely that Fed may reconsider going for 50 basis points that will help sustain the Bottom Formation. Still not a time to go Long. If one should, setting a limit of 18.8k can prove to be a wiser move.
It is affirmative to believe that Bitcoin Cycle Bottom is technically formed and found. The market may show some rally, as well as a reversal to retest the Cycle formation so the swings will benefit. Markets may anticipate some relief as the labor report is above expected numbers. The next interest rate may likely be not 75 basis points; instead, it is likely that Fed may reconsider going for 50 basis points that will help sustain the Bottom Formation. Still not a time to go Long. If one should, setting a limit of 18.8k can prove to be a wiser move.
Join our Bitcoin community at coresats.com/. Interested to ride on "Bitcoin" indicator and strategy that avoids emotions and helps focus on chart patterns and returns? You got it. Let's thrive together!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Join our Bitcoin community at coresats.com/. Interested to ride on "Bitcoin" indicator and strategy that avoids emotions and helps focus on chart patterns and returns? You got it. Let's thrive together!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.