Unfortunately, after such a strong run, things are starting to pull back. Let me analyze the situation.
$BTC is now about to break below 82k, with support at the 82k level.
U.S. stocks are about to open, and I expect them to fall when the market opens tonight.
That’s what could cause $BTC and other major cryptocurrencies to start pulling back.
U.S. stocks have fallen for four consecutive days. If they keep falling, it will intensify the market downturn.
Data releases like CPI and PPI are already behind us.
U.S. stocks will also rebound, and when they do, the broader market will rebound too.
Let’s see if I’m right. #btc
$BTC is now about to break below 82k, with support at the 82k level.
U.S. stocks are about to open, and I expect them to fall when the market opens tonight.
That’s what could cause $BTC and other major cryptocurrencies to start pulling back.
U.S. stocks have fallen for four consecutive days. If they keep falling, it will intensify the market downturn.
Data releases like CPI and PPI are already behind us.
U.S. stocks will also rebound, and when they do, the broader market will rebound too.
Let’s see if I’m right. #btc