The BTC1! Futures look short!
Quick short term update on the CME BTC1! (Futures) market.
We can see a magnificent cup and handle being painted, except it is upside down, also deadly is the h&s hidden within this cup. This gives us a high probability that the market will turn south should the market continue on this volume.
Support for Bitcoin is still at 9k to 10k on the shorter term and we can expect quite a lot of volatility should prices drop below 9k.
Weis should be announcing their crypto ratings in a few hours from now, lets be patient and wait for the market to show us the way.
Feel free to come chat to the market Wizards for free.
We can see a magnificent cup and handle being painted, except it is upside down, also deadly is the h&s hidden within this cup. This gives us a high probability that the market will turn south should the market continue on this volume.
Support for Bitcoin is still at 9k to 10k on the shorter term and we can expect quite a lot of volatility should prices drop below 9k.
Weis should be announcing their crypto ratings in a few hours from now, lets be patient and wait for the market to show us the way.
Feel free to come chat to the market Wizards for free.
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