๐๐#BTC
Ok Bravehearts ,let's talk about the market situation.
These days will be a CRYPTO BATTLEFIELD ,and below you'll read some reasons why I say this.
If we see the last year crypto market chart ,it is clear there are some key levels we should watch closely ,as in this chart :
6k level is the most important level till now , we can see this year we tested it 4 times ,and now should be the decision time : UP or DOWN ?
Some of reasons to go :
- UP๐
๐ธShorts reaching ATH - the whales to eat your BTC , so when there are so many shorts ,whales want to push the price upside to liquidate you๐
๐ธCNBC talking about BTC to go down ... what are they sharing usually ? The oposite of what will happen ๐
๐ธIf ETF will be accepted - which is unlikely๐
๐ธIf some big expected developments as Lightning Network ,etc
- DOWN๐
๐นMany TA confirmed it may down , we saw many charts the last days
๐นNo big news to push the price up ( like new giants entering the crypto market ,etc )
๐นETF will be delayed for now in my opinion ,even the most expected ( 30 September ) - which could be delayed till February 2019 ( enough time to push #BTC price under 6k and accumulate cheap Bitcoins from weak hands
๐จAfter #bitmex started their maintenance , #btc started to pump after just 1 minute ! And passed the resistance ( around 6.6k ) , which the market was struggling to break since almost 2 weeks .
This what I call pure manipulation ๐
We'll keep updated Bravehearts ,remember to play safe ,we'll watch closely and let's see what the next hours/days will offer us ๐
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