BTC - DAILY UPDATE MONDAY: BTC is Still into breakdown trend
Hello trading friends,
This is a daily update depending on the last trends.
Bitcoin is still into breakdown trend - this also depends on TA.
Dow jones shows until now a stable trend - where there is also an expecting for breakdown trend.
As long the trends in Ukraine and Russia do not change - this could give an effect on markets.
As we did add in before updates there is a high chance for a breakdown trend - also depending on the ETN tool we could see soon a trend below 36K.
Data:
Bitcoin goes on its way and it can take some time before it shows the real effect.
When Dow jones starts to break down more - BTC will follow.
Have a great day.
This is a daily update depending on the last trends.
Bitcoin is still into breakdown trend - this also depends on TA.
Dow jones shows until now a stable trend - where there is also an expecting for breakdown trend.
As long the trends in Ukraine and Russia do not change - this could give an effect on markets.
As we did add in before updates there is a high chance for a breakdown trend - also depending on the ETN tool we could see soon a trend below 36K.
Data:
Bitcoin goes on its way and it can take some time before it shows the real effect.
When Dow jones starts to break down more - BTC will follow.
Have a great day.
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