DeFeye

BITCOIN Bearish Signals!

BINANCE:BTCUSDT   Bitcoin / TetherUS
What's up Everyone! πŸ˜ƒ

I hope you are all having a successful Sunday!

Russia Ukraine:
Things are looking bearish in general when we consider the situation between Russia and Ukraine and how traditional markets reacted to those news with a panic sell-off on friday before markets closed. Bitcoin in it's usual fashion followed the trend and also took a bit of a hit before the weekend. As for now we are moving through the weekend sideways.

FED Meeting:
In addition to the war that could potentially break out, the FED have called for an emergency meeting on Monday. A lot of indicators are pointing to more hawkishness around the rate hikes and that the first increase could come in the inmediate future.

Make sure to keep an eye on the news and other markets, specially on Monday 14th when Stock markets open and the FED meeting will be held.

Let's hope expectations are way worse than the truth, in which case we could see a nice pump next week!

THANK YOU for your time!

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Happy Trading ✌β™₯πŸ“ˆ

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