2021-07-28 10:54:02
$BTC now consolidating below range high, and today is a massively important day ;
- Regulation talk, with most likely subject of stablecoins,
- we're consolidating below range high again on a spot lead rally (much different than previous times).
It's very very hard to tell what is going to happen, to be honest.
- There is the obvious scenario where bitcoin gets rejected at range high
- There is also this scenario where they go for stablecoins regulation creating a wave out of stables.... Into bitcoin. Pushing through range high. Running stops and more liquidations creating a bigger move in the 40s.
I honestly don't know what will happen, I just think it's gonna be very sudden and very hard to share/update in real time in here.
Very important day imo. Focus on BTC.
- Firelogger
4.3K viewsedited 07:54