🚨Bitcoin ready to FALL again🚨(1-hour time frame)!!!
Updated
Hi everyone👋.
💡After failing to break the🔴resistance zone($29,850-$29,480)🔴, Bitcoin started to decline again.
🔔Considering that 50-SMA and 50-EMA issued the SELL signal, I expect Bitcoin to FALL at least to the support line.
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🌐➕Positive News➕🌐:
Bitcoin ETFs to push US slice of crypto ETF trading volume to 99.5%.
US bank reveals 166M in crypto holdings.
India Wants to Use Crypto Tokens to Digitally Sign Documents.
13 banks to participate in Russia’s CBDC pilot program.
🌐➖Negative News➖🌐:
PayPal’s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America.
Newly discovered Bitcoin wallet loophole let hackers steal 900K — SlowMist.
SEC to seek appeal and stay in Ripple Labs court case.
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
💡After failing to break the🔴resistance zone($29,850-$29,480)🔴, Bitcoin started to decline again.
🔔Considering that 50-SMA and 50-EMA issued the SELL signal, I expect Bitcoin to FALL at least to the support line.
--------------------------------------------------------------------------------
🌐➕Positive News➕🌐:
Bitcoin ETFs to push US slice of crypto ETF trading volume to 99.5%.
US bank reveals 166M in crypto holdings.
India Wants to Use Crypto Tokens to Digitally Sign Documents.
13 banks to participate in Russia’s CBDC pilot program.
🌐➖Negative News➖🌐:
PayPal’s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America.
Newly discovered Bitcoin wallet loophole let hackers steal 900K — SlowMist.
SEC to seek appeal and stay in Ripple Labs court case.
--------------------------------------------------------------------------------
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Comment
On Saturday and Sunday, the trading volume is low and we have to wait for the main move on Monday (probably).Trade closed: target reached
✅First Target Done✅Comment
BTC was able to break the support line.
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