Made this setup today If you think it is right let me know and if you have advice for me, I will gladly accept I'm a beginner Trader though Have a great evening
What does being a Trader means to you? For me, it's a means of escape from working blinding for the government and at the end of the day you can't afford a Lamborghini for retirement 🥲
Bitcoin update
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Btc dumps or hunting long liquidation+ FOMC & Iran israel+ monthly close - Big impact 🗞️ news
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Key area to likely to reversal zone are 62400-61400 blue 🔵 box
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From there we can see 70 to 73k
FOMC & BTC analysis
1)This year we had 4 FOMC held, on every fomc wednesday
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market has been dumped 10% before every fomc & this time also market dumped
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out 0f 4 times, 3 times bitcoin pumped after fomc and retraced that dump,
4)FOMC + monthly close = brings more volitile to market.
5)market will go 70-73k if FED annunces a rate cut in next fomc (september )
- dont trade at news time, it will hunt liquidation
🇺🇸 Donald Trump 2024 Bitcoin Conference Speech Recap:
• On day one I will fire Gary Gensler and appoint a new SEC chairman.
• Create a US Government strategic national Bitcoin stockpile if elected.
• US Government will keep 100% of Bitcoin it owns
• Bitcoin is going to the moon.
• Never sell your Bitcoin
• Bitcoin will one day probably surpass the market cap of Gold.
• I reaffirm my pledge to commute Ross Ulbricht's sentence.
• There will never be a CBDC while I am President of the United States.
• Bitcoin and crypto will skyrocket like never before if elected president.
• Bitcoin is not threatening the dollar, the current U.S. government is threatening the dollar.
• The United States will be the crypto capital of the planet and the Bitcoin superpower of the world.
• Bitcoin stands for freedom, sovereignty, and independence from government coercion and control.
• I pledge to the Bitcoin community that the day I take oath of Office, Joe Biden and Kamala Harris' anti-crypto crusade will be over.
