Bitcoin Analysis
Currently on the neck of the market: *make or break!*
1. The market has (in the past 8 months) perfectly followed the support and resistance level. We earlier had a breakout and it seems to be retracing for a retest on the resistance (🟡). Conversely, we have a trendline (🔵) closely following. We'd see how they hold.
2. On the fundamental part of things, the outcome of the 🇺🇸 election (<24hours) would certainly affect the market globally! Coupled with the FOMC meeting this Friday.
Sit back and watch🦦
Personally, I am unbothered by temporary price fluctuations and remain ULTRA BULLISH
Shalom😇
1. The market has (in the past 8 months) perfectly followed the support and resistance level. We earlier had a breakout and it seems to be retracing for a retest on the resistance (🟡). Conversely, we have a trendline (🔵) closely following. We'd see how they hold.
2. On the fundamental part of things, the outcome of the 🇺🇸 election (<24hours) would certainly affect the market globally! Coupled with the FOMC meeting this Friday.
Sit back and watch🦦
Personally, I am unbothered by temporary price fluctuations and remain ULTRA BULLISH
Shalom😇
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