Market is in a tight position with SPX fuel running low after a spectacular – and rather unbelievable if you ask me – rally.
We are seeing gold staying stable while Bitcoin took quite a hit. This was however expected after touching the $12K resistance many time and failing to break through.
DXY still showing signs of weakness while VIX is approaching a level of resistance which could provide a temporary relief for Bitcoin. If bulls can show their strength I'm expecting BTC to reclaim the $11K levels as market uncertainty push investors to high-yield assets like Gold and Bitcoin.
We are seeing gold staying stable while Bitcoin took quite a hit. This was however expected after touching the $12K resistance many time and failing to break through.
DXY still showing signs of weakness while VIX is approaching a level of resistance which could provide a temporary relief for Bitcoin. If bulls can show their strength I'm expecting BTC to reclaim the $11K levels as market uncertainty push investors to high-yield assets like Gold and Bitcoin.
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.