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The Chase of Cheaper Bitcoin ๐ต๏ธโโ๏ธ๐ฐ
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Hey Traders, FXPROFESSOR here! ๐ค Let's talk Bitcoin. It's been a rollercoaster, for indices hasn't it? ๐ข check my last Nasdaq chart here: 
The Sideways Saga ๐
Bitcoin's been moving sideways since August 23rd. Highs at 28,200 and lows around 24,900. Right now, we're smack in the middle at 26,430. ๐ฏ Major resistance/support is at 26,800. Will it break higher? ๐ค(I think it will!)
The Chase Effect ๐ฆ
JP Morgan Chase recently banned crypto transactions in the UK. ๐ซ JP Morgan News Could this be a ploy to buy cheaper Bitcoin? ๐คจ I think so, yes but also check the bonus link below)!
What's Next? ๐คทโโ๏ธ
If we break higher, aim for 28,990. ๐
If rejected, we could dip to 25,200 or even 24,800. ๐
Everything's up in the air. Let's see how the chase for cheaper Bitcoin pans out for JP Morgan and for us. ๐ต๏ธโโ๏ธ๐ฐ
One Love,
The FXPROFESSOR ๐
Links:
reuters.com/technology/jpmorgans-uk-bank-chase-ban-crypto-transactions-2023-09-26/
cointelegraph.com/news/jpmorgan-chase-ceo-all-crypto-will-be-government-controlled
cointelegraph.com/news/crypto-is-a-nonexistent-asset-for-big-institutional-investors-jpmorgan-exec
Bonus link:
finance.yahoo.com/news/people-thought-caught-jpmorgan-buying-183900306.html (People thought they caught JPMorgan buying bitcoin after Jamie Dimon called it a 'fraud' โ but that's not what happened) -just so that we have the 'other side of the story')
The Sideways Saga ๐
Bitcoin's been moving sideways since August 23rd. Highs at 28,200 and lows around 24,900. Right now, we're smack in the middle at 26,430. ๐ฏ Major resistance/support is at 26,800. Will it break higher? ๐ค(I think it will!)
The Chase Effect ๐ฆ
JP Morgan Chase recently banned crypto transactions in the UK. ๐ซ JP Morgan News Could this be a ploy to buy cheaper Bitcoin? ๐คจ I think so, yes but also check the bonus link below)!
What's Next? ๐คทโโ๏ธ
If we break higher, aim for 28,990. ๐
If rejected, we could dip to 25,200 or even 24,800. ๐
Everything's up in the air. Let's see how the chase for cheaper Bitcoin pans out for JP Morgan and for us. ๐ต๏ธโโ๏ธ๐ฐ
One Love,
The FXPROFESSOR ๐
Links:
reuters.com/technology/jpmorgans-uk-bank-chase-ban-crypto-transactions-2023-09-26/
cointelegraph.com/news/jpmorgan-chase-ceo-all-crypto-will-be-government-controlled
cointelegraph.com/news/crypto-is-a-nonexistent-asset-for-big-institutional-investors-jpmorgan-exec
Bonus link:
finance.yahoo.com/news/people-thought-caught-jpmorgan-buying-183900306.html (People thought they caught JPMorgan buying bitcoin after Jamie Dimon called it a 'fraud' โ but that's not what happened) -just so that we have the 'other side of the story')
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market update as price got rejected, still Bullish though
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๐ BitMart VIP: bitmart.com/invite/FxProfessor/en-US โ Find details on fxprofessor.com
๐ CRGPT Token: Join the Crypto AI Revolution cryptogpt.io/
๐ Public Telegram: t.me/fxprofessor88
๐ CRGPT Token: Join the Crypto AI Revolution cryptogpt.io/
๐ Public Telegram: t.me/fxprofessor88
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