#falconxipo
falconxipo
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Checked the charts this morning. Here's what I'm thinking.
FalconX has hired bankers to advise on a potential IPO, which I think is a bullish sign for the market, especially for BTC.
The fact that they're moving forward with this despite volatile market conditions shows confidence in the space, and with BTC currently trading at $73617.52, I think we could see a push up to $74590.77.
If we can break through that resistance, I'm looking at a take-profit around $76000, with a stop-loss at $72582.82, so it's a decent risk-reward ratio.
I'm also keeping an eye on ETH, which is currently trading at $2009.89, and I think it could follow BTC's lead if we see a breakout.
Overall, I'm feeling cautiously bullish, and I think we could see some upside in the next few days, especially if we get some positive news to back it up.
#BTCbullrun #ETHfollows #cryptomarket #FalconXIPO #stablecoins
FalconX has hired bankers to advise on a potential IPO, which I think is a bullish sign for the market, especially for BTC.
The fact that they're moving forward with this despite volatile market conditions shows confidence in the space, and with BTC currently trading at $73617.52, I think we could see a push up to $74590.77.
If we can break through that resistance, I'm looking at a take-profit around $76000, with a stop-loss at $72582.82, so it's a decent risk-reward ratio.
I'm also keeping an eye on ETH, which is currently trading at $2009.89, and I think it could follow BTC's lead if we see a breakout.
Overall, I'm feeling cautiously bullish, and I think we could see some upside in the next few days, especially if we get some positive news to back it up.
#BTCbullrun #ETHfollows #cryptomarket #FalconXIPO #stablecoins
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