Today was hectic, didn’t really keep an eye on the charts. I knew Bitcoin was heading for a short at 658. When I got back to the office and did my analysis, the best entry points were actually at 665 and 662, but I missed those.
Chongqing’s heavy rain brought in profits, really gotta thank the heavens for the gains.
Bitcoin has already broken the channel and hasn’t bounced back. The support levels are at 644 and 636, but I personally predict that they won’t hold. There’s a strong probability of a significant drop, especially with the Fed possibly leaning hawkish. Although Japan's rate hike didn’t show strong results at the time, there’s definitely an undercurrent of funds flowing back in! I think there are still variables with the US-Iran situation.
Tonight at 2:30 AM, there will be a rate meeting; I might go live then to chat with everyone.
$BTC
@CZ @Yi He @Richard Teng
Chongqing’s heavy rain brought in profits, really gotta thank the heavens for the gains.
Bitcoin has already broken the channel and hasn’t bounced back. The support levels are at 644 and 636, but I personally predict that they won’t hold. There’s a strong probability of a significant drop, especially with the Fed possibly leaning hawkish. Although Japan's rate hike didn’t show strong results at the time, there’s definitely an undercurrent of funds flowing back in! I think there are still variables with the US-Iran situation.
Tonight at 2:30 AM, there will be a rate meeting; I might go live then to chat with everyone.
$BTC
@CZ @Yi He @Richard Teng