Bitcoin

BTC Approaching Descending Trend Line/Likely Rejection

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BTC was just rejected at 7700 in what was very likely a stop hunt. I have had BTC in a no trade zone for over 24 hrs. Much of the market is optimistic likely due to possible ETF as well as institutional investors indicating an interest in trading BTC.

I am concerned that the 8/10 ETF announcement may be negative or delayed. This can be delayed technically for 90 days or even longer.

BTC is in a no trade zone for me still. We are more or less in the "Bart Head" manipulation channel, so I will simply be monitoring.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.