Post
Ualifi Araújo
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BullishIran has just closed the Strait of Hormuz, according to Reuters.
Remember that around 20% of the world's oil supply passes through there.
The #BTC is still trying to stay above $65K, this is a crucial level for the bulls and they are still trying to do a good job here.
This extreme event will help us know if the bottom was created at $60K or not yet, the fear is extremely high, statements about World War III are already starting to appear, the misinformation is absurd and people are confused with the chaos. This is the environment in which the bottom forms...
Spot buying continues to lead, the leveraged SELLERS seem crazy, they are doubling down here, it's what market makers want...the boldness will come at a cost.
Today's daily close is of extreme relevance. Stay alert!
Remember that around 20% of the world's oil supply passes through there.
The #BTC is still trying to stay above $65K, this is a crucial level for the bulls and they are still trying to do a good job here.
This extreme event will help us know if the bottom was created at $60K or not yet, the fear is extremely high, statements about World War III are already starting to appear, the misinformation is absurd and people are confused with the chaos. This is the environment in which the bottom forms...
Spot buying continues to lead, the leveraged SELLERS seem crazy, they are doubling down here, it's what market makers want...the boldness will come at a cost.
Today's daily close is of extreme relevance. Stay alert!
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