We have accumulation during one week, and BTC has strong support line on 22300.
Why is it important on this week?
The latest week is the week of companies reports. BTC holders sell and buy BTC depends on reports. The most important reports had been received and BTC is not fallen.
Many companies fired employees to reduce budget.
How does it impact for BTC?
The first, we remember that crypto has strong correlation with stock market.
If stock is ok, crypto will ok as well.
Second thing is, many people become unemployed, and FRS will take this info about next decision of rate.
I expect increasing rate on 0.25 and announcement that it is latest increasing.
Why is it important on this week?
The latest week is the week of companies reports. BTC holders sell and buy BTC depends on reports. The most important reports had been received and BTC is not fallen.
Many companies fired employees to reduce budget.
How does it impact for BTC?
The first, we remember that crypto has strong correlation with stock market.
If stock is ok, crypto will ok as well.
Second thing is, many people become unemployed, and FRS will take this info about next decision of rate.
I expect increasing rate on 0.25 and announcement that it is latest increasing.
Trade active:
Take profit 1 reached
Trade closed manually:
Next news after FRS event announced that it is not lates increasing.
