We are waiting for the Fed to raise the rate on July 27. There are very high chances that it will go up by 50 points at once. The Bitcoin bubble without cheap loans will be shocked. Fake news about Blackrock and its Bitcoin ETF has already won back and attracted extra market participants. They bought at 30,000 and will stay at that top until the price goes down. Many will sell at a loss.The daily timeframe shows a bearish divergence, which does not play into the hands of intraday speculators. MM has already lost enough on this flat. We are waiting for a shake
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.