FX_Professor

BITCOIN - Update and why indices will dictate what's next

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi everyone,

we did really well yesterday as our Support on Bitcoin worked PERFECTLY well, laser line well if you allow me to say.

What's next? Well BTCUSD at resistance now. The good scenario is Nasdaq and SP500 rise at US market opening and BTC will find the strength to also go higher.

Bad scenario is if situation with indices reverses when US markets open in less than 2 hours and sell-off mode goes back on.. then we might experience a dip in the crypto market as well.

Keep in touch for more.

Have a nice month,

the FXPROFESSOR


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