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.
Today’s market rebound is not attractive, and so far it is not clear any indications that the correction will end. Even if the rise continues and the correction ends, we will find opportunities to profit with ease.
On March 8, I announced my exit from the market, then Bitcoin continued to rise. On March 12, I posted that some currencies are tempting to buy, but inflation is high in Bitcoin, and the situation is dangerous, so I entered a deal with a small percentage of capital on the ZIL currency, and thanks to God, it made a strong bump and we exited in The highest point, then the correction came, and the currency fell 30% from the exit point
The goal of the post is that you are in the financial markets. You are not required to trade daily and profit, or that you tie yourself to every movement in the market. Rather, what is true is that you are looking for a safe and profitable deal, regardless of where the market went up from where it went to where it went. The last ZIL deal brought very large profits as much as what happened. Bitcoin currency in a month, so you must learn to be patient because there are many doors to profit, but there is only one door to loss, and the only solution is patience