As we can see in this Daily Chart of BTCUSDT, we're seeing a rising wedge pattern narrowing down, many investors are looking at this pattern currently and has been decreasing their trading volume to watch if there is going to be a false move or a huge down move.
However, despite of it great pattern, we are still currently seeing that there's already a huge amount of liquidity pool within the 17-19k price area. We can say that we have a strong support. With also the recovering economy of the US, we are seeing some investors pushing their dollars to BTC and foreign assets.
In the coming FOMC we might see some drop in interest rates as well, this will be a good chance for BTC to do an impulsive move to the upside.
However, despite of it great pattern, we are still currently seeing that there's already a huge amount of liquidity pool within the 17-19k price area. We can say that we have a strong support. With also the recovering economy of the US, we are seeing some investors pushing their dollars to BTC and foreign assets.
In the coming FOMC we might see some drop in interest rates as well, this will be a good chance for BTC to do an impulsive move to the upside.
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.
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.