BTC

#ETH

As I predicted two days ago, we have entered the fluctuation range and will remain there for hours and days.

Next Sundays that will move the market:

- Tomorrow, Tuesday at 1:30 p.m.: Announcing the development of building permits (it will not have a major impact because expectations indicate a slight increase

Announcing purchases of long-term securities at 20:00 will cause the market to move, especially the price of gold

- Wednesday at 18:00: The US Federal Reserve announces the interest rate. We will have some large movements up and down before the Federal Reserve announces the interest rate. These are movements for the platforms only as long as 99% of expectations indicate that the interest rate will not change. The goal will be only For the sake of liquidation, the biggest movement will be during Jerome Powell’s speech at 20:30, especially if he targets in his speech the issue of housing and the issue of the consumer confidence index.

The rise will most likely begin on Wednesday/Thursday night to exit the range in the direction of 78400 if Jerome Powell’s word is positive, but not before Bitcoin makes its final decline to break the resistance (the two green lines are the same resistances that I mentioned two days ago).

I personally use trading bots (neutral) while the price moves in a specific range, and as a brotherly advice: Do not use narrow ranges for quick profit, and do not use bots that are used by a large number of people (popular), as they are the most threatened with liquidation.