ðļ BTC/USDT 16K INCOMING? ðļ InvestMate
ðļ Having been watching Bitcoin for the past 2 weeks, I am beginning to change my attitude about this cryptocurrency.
ðļ Hour by hour I am starting to lean more and more in favor of a downward scenario.
ðļ As recently as last week I thought that a breakout would be possible for days, unfortunately, the neagitive sentiment has taken hold and Bitcoin, imitating the indexes, is starting to chart a sequence of lower and lower peaks, which is an unequivocal show of weakness.
ðļI fear that in the days to come we will see a test of the double bottom and then if it is not finally defended we will fly into the range of 16k per btc.
ð If you like my analysis leave a like and follow my profile ð
ðļ Hour by hour I am starting to lean more and more in favor of a downward scenario.
ðļ As recently as last week I thought that a breakout would be possible for days, unfortunately, the neagitive sentiment has taken hold and Bitcoin, imitating the indexes, is starting to chart a sequence of lower and lower peaks, which is an unequivocal show of weakness.
ðļI fear that in the days to come we will see a test of the double bottom and then if it is not finally defended we will fly into the range of 16k per btc.
ð If you like my analysis leave a like and follow my profile ð
āļāļąāļāļāļķāļ
Little movement as we wait for tomorrow's inflation data in the USAāļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
Movement in line with analysis, following inflation readingsāļāļąāļāļāļķāļ
Bitcoin is struggling, we will see what today's session will bring. The specter of recession hangs over the U.S. economyāļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
A new updated post will be published in the coming days
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