Hey folks:
Below is a trading plan for the upcoming week.
Please drop a like or comment so I know you're reading this.
- The situation is that $BTC has reacted at the bottom zone of 59k. I'm expecting that by the end of today, it will bounce back to 64k and close the candlestick above 62k5.
- If the above scenario plays out, $BTC will range trade between 61k-65k for the rest of next week.
- Next week, there will also be some important news impacting the price: on 10/6, we have CPI and on 11/6, it's PPI.
If the news is favorable, the price could rebound well to the 70k zone.
Otherwise, it will create continued selling pressure, especially with the ETF funds pulling out => 57-55k soon.
- In short, we're waiting for a short opportunity above 64k to drop back to 61k.
- Waiting for the news to see if it's good or bad to decide whether to buy back up to 66k or hold out for deeper corrections next week.
- Also, since today is the weekend, if we're in profit, let's take profits or just chill, have some fun, guys.
- By the way, do you know any good massage places? It has to be legit, guys. My teeth have been weak lately, so please recommend me a spot in SG. Thanks, everyone.
Below is a trading plan for the upcoming week.
Please drop a like or comment so I know you're reading this.
- The situation is that $BTC has reacted at the bottom zone of 59k. I'm expecting that by the end of today, it will bounce back to 64k and close the candlestick above 62k5.
- If the above scenario plays out, $BTC will range trade between 61k-65k for the rest of next week.
- Next week, there will also be some important news impacting the price: on 10/6, we have CPI and on 11/6, it's PPI.
If the news is favorable, the price could rebound well to the 70k zone.
Otherwise, it will create continued selling pressure, especially with the ETF funds pulling out => 57-55k soon.
- In short, we're waiting for a short opportunity above 64k to drop back to 61k.
- Waiting for the news to see if it's good or bad to decide whether to buy back up to 66k or hold out for deeper corrections next week.
- Also, since today is the weekend, if we're in profit, let's take profits or just chill, have some fun, guys.
- By the way, do you know any good massage places? It has to be legit, guys. My teeth have been weak lately, so please recommend me a spot in SG. Thanks, everyone.