BTCUSD - if you are an investor you may get excellent pricing soon. bitcointrading $BTC BTCs
With the jobs number coming out on Friday, it’s possible that we may see the US dollar all over the place, so will probably bring some volatility into this market as well. Nonetheless, I do not expect Bitcoin to suddenly take off, because quite frankly there are far too many things working against crypto at the moment.The $28,000 level underneath continues to be an area of interest, and an area that we need to pay close attention to.
On the upside, breaking above the $32,500 level is a potential signal that we could get a bit of a recovery, but that recovery is going to be short-lived at best. After all, it’s very likely that we will continue to see quite a bit of downward pressure due to the fact that monetary policy is tightening around the world, and of course, we have major issues in the crypto markets to begin with.
I anticipate more bearish pressure than anything else in the near term, but if you are an investor you may get excellent pricing soon.
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