#BTCDAILY : 30 / 01 /21 Back to Normality
#BTCDAILY : 30 / 01 /21
Back to Normality
Buy Walls
31K - 360BTC
30k - 500 BTC
Volatility: Consolidating - Heavy volume breakout, retracing down and stabilising in a downward movment
ALTS: Dominance Decreasing + Price Decreasing = ALTs Stabillising
Local Support: $31,600
Next Support: $29,000
Local Resistance: $34,800
Next Resistance: $38,100
Top Fundamentals:
- Mt.Gox 160k BTC Creditor Distribution rehab programme filed (Still Looming!!!)- Bearish
- BlackRock Institution - Confirm 2 funds joining BTC (- Ruffer institution joins the race with a 750m holding - Bullish ) - Bullish
- Biden formally accelerates the Stimuls of 1.9Trillion - Bullish AF
- Elon Musk Tweets BTC Hard at end of consolidation period - Bullish
- Gamestop Craziness could start t drive people away from stocks to Crypto - Bullish potential
Personal Opinion:
Insane movement yesterday with Elon pumping BTC at the end of the consolidation cycle.
Looking like a pretty text book retrace to the trendline (now) support. possible downward movement continued to the $31 - 31.6k support until a larger push upwards, which is where the more focused buy walls are situated.
Back to Normality
Buy Walls
31K - 360BTC30k - 500 BTC
Volatility: Consolidating - Heavy volume breakout, retracing down and stabilising in a downward movment
ALTS: Dominance Decreasing + Price Decreasing = ALTs Stabillising
Local Support: $31,600
Next Support: $29,000
Local Resistance: $34,800
Next Resistance: $38,100
Top Fundamentals:
- Mt.Gox 160k BTC Creditor Distribution rehab programme filed (Still Looming!!!)- Bearish
- BlackRock Institution - Confirm 2 funds joining BTC (- Ruffer institution joins the race with a 750m holding - Bullish ) - Bullish
- Biden formally accelerates the Stimuls of 1.9Trillion - Bullish AF
- Elon Musk Tweets BTC Hard at end of consolidation period - Bullish
- Gamestop Craziness could start t drive people away from stocks to Crypto - Bullish potential
Personal Opinion:
Insane movement yesterday with Elon pumping BTC at the end of the consolidation cycle.
Looking like a pretty text book retrace to the trendline (now) support. possible downward movement continued to the $31 - 31.6k support until a larger push upwards, which is where the more focused buy walls are situated.
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.