Bitcoin volatility is starting to wake up...
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Bitcoin's daily review continues.
Finally, today we saw at least some volatility on the chart, even though it was 300 points...
The asset is currently striving with all its might to test the $17,000 zone, but I think that Bitcoin will not have enough strength and we will again fall to the local support zones of $16,500/16,300/$16,150
Strong resistance of $16,800 is not served to break through and hike above $17,000-17,200
My plans are still downward, I wrote yesterday that I was gaining a short position and, for safety net, I placed limit orders above the entry point, $16,680/16,850,17,050$
Also, FOMC protocols are being released today, I think volatility should also be expected from these data.
Bitcoin's daily review continues.
Finally, today we saw at least some volatility on the chart, even though it was 300 points...
The asset is currently striving with all its might to test the $17,000 zone, but I think that Bitcoin will not have enough strength and we will again fall to the local support zones of $16,500/16,300/$16,150
Strong resistance of $16,800 is not served to break through and hike above $17,000-17,200
My plans are still downward, I wrote yesterday that I was gaining a short position and, for safety net, I placed limit orders above the entry point, $16,680/16,850,17,050$
Also, FOMC protocols are being released today, I think volatility should also be expected from these data.
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