Is it your last chance to pull BTC?

7 באוג׳ 2024

Many Traders are wondering what is stopping Bitcoin from just continuing lower?

Well, it's simple. Markets run on Sentiment, and sentiment runs on Data.

The rebound we have just had has brought price much higher into key resistance. One print out the FED that tells investors they should have indeed kept selling is all it will take for price to fall again.

Remember, in most falls, you will have periods like this where profit taking occurs, before the extended move continues.

That's why anyone holding on gets FOMO.

So any worsening sentiment, you will likely fall lower into and under lows, anything positive, or just continued calm, and you may pull higher into key short areas.

Long term correction is always inevitable, remember that.

8 באוג׳ 2024

הערה

Risk off continuing as expected. Hold off longs.

9 באוג׳ 2024

הערה

Long side target reached.

Would definitely close longs into weekend.