@SnowUnderSun
Expecting BNB will be bullish in the next 2 weeks. It is 295 USDT now.
@SnowUnderSun
@SnowUnderSun in July 2021
@SnowUnderSun
@SnowUnderSun
If BTC can break the resistance area between 35k to 36k, we can see significant breakout to up. Otherwise, BTC can down to 31200. Trade carefully and monitor it folks.
@SnowUnderSun
As I mentioned in my previous post, BTC did not able to break the resistance area at 35k - 36k and it losing ground today. 30300 can be expected.
@SnowUnderSun
First time in 2021, Bitcoin correlation against major index went negative.
@SnowUnderSun
On a weekly candle basis, MA 50 is at 31855 for this week as of now. if the week will close below MA 50, we may see significant down to 25k or maybe 20k. Monitor the market carefully and do your own research before the trade.
@SnowUnderSun
BCH is on edge. In weekly candles basis, its MA50 is at 479$ for this week as of now. The recent price is 463$. If BCH will close this week below MA50, it will be the first time it goes under MA50 and we can see a sharp drop in next week. Since last year, BCH is always above MA50 in 1W candles. Wish that it will close the week above 480$.
@SnowUnderSun
In 1W candles, Bitcoin MA50 is at 31846 now. if this week candle close below MA 50, we can see bad Monday next week. I guess that Sunday night UTC will be battleground for weekly closing above or below MA 50. lets monitor closely.
@SnowUnderSun
BTC , BCH and nearly all coins closed weekly candle below MA50. It is the first time since mid-last year, week close in 1W candles is below MA 50. This week can be a hard week/month for hodlers. Do your own research before the trade.
@SnowUnderSun
When I compared BTC with BCH, BTC seems overvalued for me. ( BCH is undervalued in another ways of saying ). Is anybody agree with me ?
@SnowUnderSun
Bitcoin had a massive jump yesterday via fake news about Amazon will accept Bitcoin and many short positions had been liquidated. Today, Amazon denied that news, and Bitcoin was dumped today. Clear price manipulation with possibly paid fake news.