Cortextrading
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Bullish
ARE WE REALLY IN FRONT OF A RECOVERY OF $BTC ? OR WILL IT FALL AGAIN INDICATING A NEW BEARISH RALLY? 👋✍👀
{spot}(BTCUSDT)
Indeed guys, after taking advantage of the first drop that recently occurred #BTC in a live stream from 2 days ago and having gained, it's time to see if this is truly a strong recovery or simply a momentum that will end shortly 🥴😉
First, yesterday I was speaking in the live stream and I said that a key support in BTC cannot be treated the same way as a key support for example like in $ZEC because? Simple, the DOMINANCE AND CAPITAL are completely different, for that reason consolidating a support in BTC is so complicated and the fact that we are seeing some strong green candles does not indicate anything a priori. But there is a factor that changed the bearish outlook of BTC from a few days ago to bullish 👀👋
Institutional confidence, this is indicating that there are several institutional holders at this moment who are in positive territory suggesting that their possible exit will not happen as long as BTC continues to rise and if that is the case, it would imply more investment from institutions and a subsequent real recovery, since being BTC the only way to consolidate a firm support is in that manner 🐳💲✍
Now there is still a key factor that will determine whether there will be recovery or not, beyond the technical framework that is far from being in true recovery, we are talking about MR #PowellSpeech there is still the pending cut or not of rates and if there were to be a cut everything would be fine and if not everything would be truncated leading the ground to SHORT.
Meanwhile, it is more than obvious that however it may be, we will take full advantage of the rise or fall of BTC and I told you yesterday to look at $SUI which benefits the most from the rises and falls and I told you to watch it closely and take full advantage of it 💪
{future}(SUIUSDT)
In short, at the moment LONGS dominate but if it falls, SHORTS simple
{spot}(BTCUSDT)
Indeed guys, after taking advantage of the first drop that recently occurred #BTC in a live stream from 2 days ago and having gained, it's time to see if this is truly a strong recovery or simply a momentum that will end shortly 🥴😉
First, yesterday I was speaking in the live stream and I said that a key support in BTC cannot be treated the same way as a key support for example like in $ZEC because? Simple, the DOMINANCE AND CAPITAL are completely different, for that reason consolidating a support in BTC is so complicated and the fact that we are seeing some strong green candles does not indicate anything a priori. But there is a factor that changed the bearish outlook of BTC from a few days ago to bullish 👀👋
Institutional confidence, this is indicating that there are several institutional holders at this moment who are in positive territory suggesting that their possible exit will not happen as long as BTC continues to rise and if that is the case, it would imply more investment from institutions and a subsequent real recovery, since being BTC the only way to consolidate a firm support is in that manner 🐳💲✍
Now there is still a key factor that will determine whether there will be recovery or not, beyond the technical framework that is far from being in true recovery, we are talking about MR #PowellSpeech there is still the pending cut or not of rates and if there were to be a cut everything would be fine and if not everything would be truncated leading the ground to SHORT.
Meanwhile, it is more than obvious that however it may be, we will take full advantage of the rise or fall of BTC and I told you yesterday to look at $SUI which benefits the most from the rises and falls and I told you to watch it closely and take full advantage of it 💪
{future}(SUIUSDT)
In short, at the moment LONGS dominate but if it falls, SHORTS simple
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