#REVIEW BITCOIN
Big week for stocks and crypto!
FOMC meeting on Wednesday, a ton of data from US like
PMI and
Nonfarm Payrolls will bring
a lot of volatility!
Bitcoin has started the week with a
retrace from Sunday highs. You could say that it doesn't matter, because the price is same as last week - and you would be
wrong. During this kind of parabolic moves any delay is suspicious, but
every big dump is even
more sus!
More and more MAs become resistances, #BTC is
losing momentum. If bulls want to push this higher without correction,
they must step in today. Otherwise we'll likely see a big red dildo on our screens.
Technically #BTC price is inside an
ascending channel. Break this downwards and
$22k is on the cards.
