Bitcoin - BTC Weekend Volatility 📈

7 ביולי 2022

Hi Traders, Investors and Speculators

Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.

In Bitcoin have been seeing a mini rally over the past 48 hours. BTCUSDT may seem bullish , but I'm not convinced that it's a reversal just yet. Overall, market conditions are still too bearish to call for the start of another bull market. I believe we may see some extreme weekend volatility .

Taking a quick look at Fibonacci retracement Bollinger Bands in the 3D, we see a possible price target :


Related news Highlights in Crypto :

👉 Ripple adds two Kellogg Hansen attorneys to help represent the company in the SEC case
👉 Bitmex will ban Russian citizens and residents from accessing the exchange within the EU on July 11
👉 Crypto lender Voyager has filed for Chapter 11 bankruptcy
👉 South Korea an US agree to share investigation data on LUNA and UST
👉 Crypto exchange Bitstamp will charge inactive users a monthly fee of $10.20
👉 One of the largest global NFT marketplace OpenSea has reported a data breach, the CEO announced today that he plans on stepping down
👉 Celsius Network pays off 40.8m towards their Bitcoin loan
👉 Cardano's Vasil Hardfork Successfully Launches On Testnet


In cryptocurrency markets :
⁕ Ethereum ETH reclaims $1150 as it follows Bitcoin mini rally
⁕ XRPUSDT remains in a tight range
⁕ LINKUSDT gains 3% following Bitcoin rally
⁕ SHIBUSDT Shiba Inu remains in a tight range
⁕ ADAUSDT / Cardano reclaims 45c support zone
⁕ DOGEUSDT Dogecoin trades at $0.0692

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