The current Market situation has come about Rapidly Because of The Moves made by Central banks regarding interest rates.
Often, BTC moves aligned with global Equity markets. The sentiment around such markets has NOT reduced in terms of its severity. For this reason, your decision making must change. We may see a slight pop but Currently it is not significant due to Poor price movement and early stops in upwards direction. Likely to need Entry CONF/changed sentiment before looking higher.
For this reason do NOT pile in and risk it, you do not yet have the required ingredients. You will need stronger Entry CONF and changed/changing sentiment.
Long Term bias, be it sooner or later remains to the upside based on the Value of price VS demand. When this will happen remains a NO ETA subject.
Often, BTC moves aligned with global Equity markets. The sentiment around such markets has NOT reduced in terms of its severity. For this reason, your decision making must change. We may see a slight pop but Currently it is not significant due to Poor price movement and early stops in upwards direction. Likely to need Entry CONF/changed sentiment before looking higher.
For this reason do NOT pile in and risk it, you do not yet have the required ingredients. You will need stronger Entry CONF and changed/changing sentiment.
Long Term bias, be it sooner or later remains to the upside based on the Value of price VS demand. When this will happen remains a NO ETA subject.
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bit.ly/learnttm
Free Discord Secret Server:
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Posts Not financial advice.
Disclaimer
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.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Disclaimer
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.