16,759 is support and as long as that level stands the 18,000 is the most likely scenario.
Yes, I am Long on BTC today and awaiting for the NFP Employment data to kick in:
- a good NFP will boost the confidence higher and the recession worries with it. Probably good for Bitcoin
- a bad NFP will be bad news for the economy and worries mode will be on. It also will be bad for the Feds as they will need to examine stopping or delaying or even eventually reverting the rate hikes
For some reason today I seem to be reading the situation to be most likely BULLISH and I will stick to my opinion with some Long positions.
Remember: All this is Valid as long as we are over 16759 support
One Love,
The FXPROFESSOR
Yes, I am Long on BTC today and awaiting for the NFP Employment data to kick in:
- a good NFP will boost the confidence higher and the recession worries with it. Probably good for Bitcoin
- a bad NFP will be bad news for the economy and worries mode will be on. It also will be bad for the Feds as they will need to examine stopping or delaying or even eventually reverting the rate hikes
For some reason today I seem to be reading the situation to be most likely BULLISH and I will stick to my opinion with some Long positions.
Remember: All this is Valid as long as we are over 16759 support
One Love,
The FXPROFESSOR
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