#USStockFuturesRiseAheadOfMegacapEarningsAndFed $GOOGL.US 😀😀😀
Good afternoon everyone, I’m Jiuye~ It’s that weekend time again—tomorrow is Monday. I’ll briefly share my thoughts on next week’s market. Once again, I want to emphasize Bitcoin. It hit 60,000 at the beginning of the year in February, and since then it hasn’t managed to break out of this sideways range. Even though there have been two breaks below previous lows, the bottom is still around 60,000. The bulls can’t go up without getting liquidated at the right price. The technical gap is still pointing to 49,000. Conservatively, it could be around 53,000.
People keep saying that the Bitcoin bill will be passed soon—but it hasn’t been passed yet. Remember, before every major good piece of news, the market tends to drop first. That means before it’s truly approved, it will definitely test the 50,000 area or even lower.
Good afternoon everyone, I’m Jiuye~ It’s that weekend time again—tomorrow is Monday. I’ll briefly share my thoughts on next week’s market. Once again, I want to emphasize Bitcoin. It hit 60,000 at the beginning of the year in February, and since then it hasn’t managed to break out of this sideways range. Even though there have been two breaks below previous lows, the bottom is still around 60,000. The bulls can’t go up without getting liquidated at the right price. The technical gap is still pointing to 49,000. Conservatively, it could be around 53,000.
People keep saying that the Bitcoin bill will be passed soon—but it hasn’t been passed yet. Remember, before every major good piece of news, the market tends to drop first. That means before it’s truly approved, it will definitely test the 50,000 area or even lower.