What will BTC be like today?
To help you understand the global situation.
In the past 24 hours, $2,850,000,000,000
has disappeared from the US stock market, the worst day in the past 4 years, and that's just the US, let's not mention other countries, in Vietnam at this time, anyone holding stocks is not much different from those holding coins :)
Husband holds stocks, wife holds coins, that must be called.
"When the two of us return to one home, closing our eyes on the same bed,
Sometimes dreaming the same dream, waking up at the same hour"
Waking up together at 3 AM when Trump announces the new tax rates is fun.
On April 9, tariffs will begin, it's the time of "The Strongest Volatility" in the global financial market.
At 10 PM tonight, the chairman of the FED will speak.
He will signal a rate cut + a good signal
BTC will touch 83900-85900$ (light short) sl 86900$
If bad news affects the economy, pessimistic.
BTC will drop to 79000-79600$ (light long) sl
77000$
(Plan above for those who like futures long short trading)
Take small volumes only.
Long-term view call short from 88800$ and still hold.
Altcoin, bear with it, now the devs are waiting to sell, good projects are waiting to accumulate, while small fish like us are waiting to test support for light longs to make a bit, or hit resistance for light shorts to make a bit on the H1 or M15 chart :) Sneak a little and then run 😁😁
Buying and holding Altcoin is not the time yet.
This section must be really alert and close to the market.
You have missed the opportunity to exit
You have missed the opportunity to short BTC at the peak
So there is only the opportunity to catch the bottom and hold
And the Long BTC opportunity.
Many peers in the field don't have time to say as much as I write, because if everyone knows, the market will "Have no liquidity"
Conclusion: my advice is to stay out during this period, anyone still has short entries above 86000$ should raise sl to the entry point and set tp according to the TP levels I provided in the previous post.