Hello dear crypto friends, hope you're doing well! ;)
BTC has found support at $9k psychological and is currently still inside a downward channel (only one lower Highs inside the channel not getting respected). A break of the channel lower Highs would at the same time mean a break of $10k psychological, and the bulls would regain control again.
Today is the second day of the Facebook hearing, and so far, the US government attack on crypto has not much effect: the market knows that grandpa Bitcoin is decentralized & therefore secure from government confiscation, which we cannot argue for any other asset in the world.
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online mentorship & trading metrics only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
BTC has found support at $9k psychological and is currently still inside a downward channel (only one lower Highs inside the channel not getting respected). A break of the channel lower Highs would at the same time mean a break of $10k psychological, and the bulls would regain control again.
Today is the second day of the Facebook hearing, and so far, the US government attack on crypto has not much effect: the market knows that grandpa Bitcoin is decentralized & therefore secure from government confiscation, which we cannot argue for any other asset in the world.
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online mentorship & trading metrics only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
