Hi guys!
🔔 Markets were shaken today after the vaccine updates announcements from Pfizer reporting that their vaccine is 90% effective.
🔔 The news supported the surge of crude and US Indices and the plummet of Gold, Silver and Bitcoin as end-of-pandemy hopes enveiled global markets.
🔔 There are two possible scenarios for Bitcoin here. The first sounds more positive as it appears that the price is about to form a triangle pattern and comtinue the bullish run towards new high, probably somewhere near 20K, thoug I'd target 17 600 first. The second one is that Bitcoin will break the dynamic support and will drop towards $14 064 and below that to $13 202.
🔔 Factors which might support the further soar of Bitcoin are the global economic data to be announced - US Job openings are expected to be lower.
🔔 Major factor which might support the downtrend of BTC could be the Sales season and holiday seasons which are coming soon. Investors might consider cashing-out.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
🔔 Markets were shaken today after the vaccine updates announcements from Pfizer reporting that their vaccine is 90% effective.
🔔 The news supported the surge of crude and US Indices and the plummet of Gold, Silver and Bitcoin as end-of-pandemy hopes enveiled global markets.
🔔 There are two possible scenarios for Bitcoin here. The first sounds more positive as it appears that the price is about to form a triangle pattern and comtinue the bullish run towards new high, probably somewhere near 20K, thoug I'd target 17 600 first. The second one is that Bitcoin will break the dynamic support and will drop towards $14 064 and below that to $13 202.
🔔 Factors which might support the further soar of Bitcoin are the global economic data to be announced - US Job openings are expected to be lower.
🔔 Major factor which might support the downtrend of BTC could be the Sales season and holiday seasons which are coming soon. Investors might consider cashing-out.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Dagangan ditutup: sasaran tercapai
Nothing is true, everything is permitted.
_________________________________
🤖 Use my link to trade on BingX - bingx.com/partner/Aziz
_________________________________
🤖 Use my link to trade on BingX - bingx.com/partner/Aziz
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Nothing is true, everything is permitted.
_________________________________
🤖 Use my link to trade on BingX - bingx.com/partner/Aziz
_________________________________
🤖 Use my link to trade on BingX - bingx.com/partner/Aziz
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.