Btc been looking very bullish earlier in the week, trading between a good bull Pennant or Flag setup. Just now on the Hourly we can see it attempting to make a Burst from the (9300-9489 price and Flip onto the green support line. So generally there could be a small breakdown in structure and possible Fish wick to the 89xx, to Hunt the Stop Loss targets before traders look to be bull. The next 12 24hrs , there should be an obvious signal as to confirm direction. Strong FIB level, noise area.
With current MarketsGlobally in Panic, and this been a weekend still...i expect big news on Monday Asia Markets followed by Europe andUS, this will be the Test.Trouble in Stock selloffs and Bonds, Futures down, QE running out, Health and Trade along with FX markets, , shrewd investors are looking to diverse the Portfolios and Hedge new Assets such as Digital Assets, Tech driven, and Medical Pharmacy companies , so the Cards or flting, and we watch to see where they land? I am Bullish on BTC, i seen it has Value in times like this.
Please take a moment to Press the LIKE and Follow, buttons, i apriciate this and it very much inspires me that there are actually people that do benefit in my opinion, in help them to make a good evaluated opinion. I am not a HYPE Canal, i look for the steps before we make the Jump and give you options after many hours before i release a report, saying btc is 1 million next week, a silly fractal pattern and no other dta osilator or MA comparisions, and get 100 likes...lol anyway its quite shallow TA.So thats what i am not doing. Cheers. Thanks, Stay Safe. Big Thank you for my loyal followers :) Things are going Digital...Be inspired.
I am not a Finacial Advisor, this is just an opinion , please make your own and not mine, Research research research.