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Alex Friedman Crypto
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#GOLD
is fu*ed š
The rotation to
#BTC
has begun š°š°
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Alex Friedman Crypto
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Market update. #BTC is holding the support strong on weekly, a bounce is expected. Rotation from #GOLD to risk assets is imminent. #USDT.D is supporting the claim with a potential breakdown from the pattern. Im expecting gold to hit around 3500 if the pattern works out. Let the rotation begin! šš
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Bitfinex BTC longs have reached their highest level since Q1 2024. Whales are positioning for an explosive #BTC move. Last time it went this high , whales started to close their longs and btc went parabolic. š
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Market Update #BTC is holding up on weekly with a bounce from the supporting trendline marking as seems like another bottom for Bitcoin . Today is the first rate cut after #FED announced #QE earlier this month. These combined with a rumour of the new FED chairman and the 50bsp rate cut could send Bitcoin to knock on new #ATH . All eyes on todays #FOMC decision.
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#BTC is sitting on the crucial trendline that is alongside with ema that is holding the price on support. Any close below this trendline on weekly may trigger a short term selloff to clear the field for an upside move. If we bounce here.. new #ATH s are inevitable for both #Altcoins and #BTC šš
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All charts on HTF are screaming reversal.. #TOTAL is sitting on strong supporting trendline waiting either to #bounce or break down.. Looking back.. we have had bounce from here multiple times.. will the history repeat?š
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