BTC UPDATE
Two scenarious to look out for...
if the bulls take the horn we would see a recovery to test the 200 days moving average at around 23.3k.
otherwise a breakdown would cost us another long wick down to 21.6k
🚨IMP Event to Watch in March 📈
- US CPI release on March 14th
- FOMC meeting on March 22nd
In the picture is also the Mt. Gox event. The distribution of funds to creditors of the defunct crypto exchange is set to kick off on March 10, 2023.
Whats your perspective? do you think the bulls or bears would have more control over the market, cosidering these events and the overview market sentiment?
if the bulls take the horn we would see a recovery to test the 200 days moving average at around 23.3k.
otherwise a breakdown would cost us another long wick down to 21.6k
🚨IMP Event to Watch in March 📈
- US CPI release on March 14th
- FOMC meeting on March 22nd
In the picture is also the Mt. Gox event. The distribution of funds to creditors of the defunct crypto exchange is set to kick off on March 10, 2023.
Whats your perspective? do you think the bulls or bears would have more control over the market, cosidering these events and the overview market sentiment?
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