As mentioned in the last 
BTC update,
we're currently ranging within a very important area.
We just saw a fakeout below the trendline and quickly pushed up to the resistance at $106,000.
According to global liquidity data (with a 12-week lag),
June 16 is a highly significant date.
I'm curious to see what unfolds in the coming days —
especially with the FOMC meeting set for June 18.
That said, I’m neither going long nor short in this kind of environment —
I’m simply waiting and observing.
BTC update,we're currently ranging within a very important area.
We just saw a fakeout below the trendline and quickly pushed up to the resistance at $106,000.
According to global liquidity data (with a 12-week lag),
June 16 is a highly significant date.
I'm curious to see what unfolds in the coming days —
especially with the FOMC meeting set for June 18.
That said, I’m neither going long nor short in this kind of environment —
I’m simply waiting and observing.
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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.
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.