Bitcoin, maximum volatility! Be ready!
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Guys, I will write down my local plan for this week, I think it will be hot
From the technical side:
Bitcoin continues to contain the strong $16,800-17,000 zone, which is positive for the asset and a further hike to $18,000 (the plan remains unchanged).
A small correction and punctures for the zone can be called a collection of liquidity and the removal of stops, which we saw today at the opening of a new week, followed by a rebound from the local trend line ($16,900 is my entry point).
From the fundamental side:
This week we are waiting for a lot of high-profile events from the Fed, be prepared for maximum volatility, CPI data for the core consumer price index (November) is released tomorrow, on Wednesday the Fed meeting and the rhetoric of J. Powell will be very hot! I would like to see more positive data at the end of the year and due to this, catch a rebound on the bit, let's hope for it :) The plan was shown on the chart.
Later I will post a post with the date and time of all events this week.
Update Idea
Guys, I will write down my local plan for this week, I think it will be hot
From the technical side:
Bitcoin continues to contain the strong $16,800-17,000 zone, which is positive for the asset and a further hike to $18,000 (the plan remains unchanged).
A small correction and punctures for the zone can be called a collection of liquidity and the removal of stops, which we saw today at the opening of a new week, followed by a rebound from the local trend line ($16,900 is my entry point).
From the fundamental side:
This week we are waiting for a lot of high-profile events from the Fed, be prepared for maximum volatility, CPI data for the core consumer price index (November) is released tomorrow, on Wednesday the Fed meeting and the rhetoric of J. Powell will be very hot! I would like to see more positive data at the end of the year and due to this, catch a rebound on the bit, let's hope for it :) The plan was shown on the chart.
Later I will post a post with the date and time of all events this week.
Update Idea
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