BTC| Price Is Testing 20K Again! What's Next?
BTC| Price Is Testing 20K Again! What's Next?
As we can see from the chart during the previous week price did the
first dump during the NFP data by pushing the price down by nearly -8%.
During that moment price found strong support close to 19K and it increased
back up again up to 22.8K.
Yesterday the price decreased again by -12.5% after the U.S CPI data and now the
price is testing 20K again.
Considering that 19K-20K is a very strong support zone and the Bulls are well positioned
there we can see the price increase again.
On the other hand all the traders are getting very sensitive or let's say better speculative to the
U.S data.
So careful as the next and the bigger speculation is coming...the FOMC data:)
BUY the rumour, SEL the fact :)
Thank you and Good Luck!
As we can see from the chart during the previous week price did the
first dump during the NFP data by pushing the price down by nearly -8%.
During that moment price found strong support close to 19K and it increased
back up again up to 22.8K.
Yesterday the price decreased again by -12.5% after the U.S CPI data and now the
price is testing 20K again.
Considering that 19K-20K is a very strong support zone and the Bulls are well positioned
there we can see the price increase again.
On the other hand all the traders are getting very sensitive or let's say better speculative to the
U.S data.
So careful as the next and the bigger speculation is coming...the FOMC data:)
BUY the rumour, SEL the fact :)
Thank you and Good Luck!
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