๐๐ด #bitcoin in ๐ one week. 10X leveraged profit ๐ 79% ๐ฏ๐ฉธ. ๐๐ฎ๐๐ป
๐๐ฅThe US Fed is scheduling up to US$14,600 million in Treasury bill reinvestment purchases, starting October 19. That could be Cpcuy for Bitcoin...๐
Look here ๐ ๐ at the various technical indicators I use for trading, which give me a high success rate on every trade I make. I only use Japanese candlesticks, Bollinger Bands, the RSI indicator, and the Fibonacci indicator.
According to CoinShares, cryptocurrency investment products have lost US$434 million this week since the US inflation index was published, and it said that Bitcoin's setup is difficult but not fundamentally bearish. If you manage a portfolio or are evaluating the market in light of these statements, it is essential to define accumulation zones or stop-loss levels based on ranges, monitor implied interest rates, and diversify investment vehicles.
Since the institutional thesis views BTC's current movement as a sideways range rather than a fundamental collapse, avoid trading impulsively in the middle of the range. Assess key support levels around US$79,500 to US$80,000 for rebalancing, if that fits your risk profile. Map whether the outflows are coming mainly from spot ETFs or synthetic derivatives. This distinction helps determine whether it is actual spot selling by long-term holders or short-term leveraged liquidations.
#BTC #etf #CoinShares #Fed $BTC
๐๐ฅThe US Fed is scheduling up to US$14,600 million in Treasury bill reinvestment purchases, starting October 19. That could be Cpcuy for Bitcoin...๐
Look here ๐ ๐ at the various technical indicators I use for trading, which give me a high success rate on every trade I make. I only use Japanese candlesticks, Bollinger Bands, the RSI indicator, and the Fibonacci indicator.
According to CoinShares, cryptocurrency investment products have lost US$434 million this week since the US inflation index was published, and it said that Bitcoin's setup is difficult but not fundamentally bearish. If you manage a portfolio or are evaluating the market in light of these statements, it is essential to define accumulation zones or stop-loss levels based on ranges, monitor implied interest rates, and diversify investment vehicles.
Since the institutional thesis views BTC's current movement as a sideways range rather than a fundamental collapse, avoid trading impulsively in the middle of the range. Assess key support levels around US$79,500 to US$80,000 for rebalancing, if that fits your risk profile. Map whether the outflows are coming mainly from spot ETFs or synthetic derivatives. This distinction helps determine whether it is actual spot selling by long-term holders or short-term leveraged liquidations.
#BTC #etf #CoinShares #Fed $BTC