Is it safe to hold BNB? What is the price range to buy?
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$BTC
Can you guys monitor it at 88-89k and then short? The 91,400 area is also quite nice, but I think it's hard for it to get there. Right now, MM does not have enough funds to push it up to 91k, oh well :)).
Now the liquidity of the BTC market in these two weeks is quite low, only half of what it usually is in January and February. MM is likely to push the price up to 88-89k to attract liquidity and then dump hard. The US economy is currently lacking a lot of USD, and interest rates are high to control inflation🤣, so the USD is even scarcer—where will the money flow into the market? 🫠?
Basically, it's still in a downtrend; now it will try to eliminate some shorts before it can go up 🍐. Looking at the full monthly candlestick like that and it's not a downtrend would be strange :)))
This is just my opinion. I hope you guys won't scold me. If you have any suggestions, please share 🙃
Can you guys monitor it at 88-89k and then short? The 91,400 area is also quite nice, but I think it's hard for it to get there. Right now, MM does not have enough funds to push it up to 91k, oh well :)).
Now the liquidity of the BTC market in these two weeks is quite low, only half of what it usually is in January and February. MM is likely to push the price up to 88-89k to attract liquidity and then dump hard. The US economy is currently lacking a lot of USD, and interest rates are high to control inflation🤣, so the USD is even scarcer—where will the money flow into the market? 🫠?
Basically, it's still in a downtrend; now it will try to eliminate some shorts before it can go up 🍐. Looking at the full monthly candlestick like that and it's not a downtrend would be strange :)))
This is just my opinion. I hope you guys won't scold me. If you have any suggestions, please share 🙃
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