WiseAnalyze

Some major move is coming for BTC

Long
POLONIEX:BTCUSDT   Bitcoin / Tether USD
Today is a big day for Bitcoin and all crypto community. As you can see the volume of trades is way above usual and nearly the same as during all major moves done in the past. At the same time Dow Jones, S&P and gas/oil futures are heavily falling so we have a perfect situation where quite a lot of BIG money are looking for a new investment area. Surely nothing is certain. Same here. Bitcoin is either falling towards it's largest support area at 4300, or we are witnessing the great moment of bounce from ~5700 support level. On one hand BTC got pretty heavy downtrend inertia. On another anything may happen when big money come into the game so reversal is also possible. I recommend tracking the market and be ready to buy once all the signals start singing a cappello ;)

FREE telegram channels:
Crypto reviews - t.me/WiseAnalyze
Crypto chat - t.me/WiseAnalyzeChat
Crypto watchlist - t.me/WiseAnalyzeDCA
Forex/Stocks - t.me/WiseForex
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.