SwitchCrypto
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SwitchCrypto is a channel focused on the world of financial trading, particularly in the realms of forex, cryptocurrency, and options trading. Through insightful analysis, market updates, and trading strategies. SIGNALS = #NFA
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💵BLUR Chart Idea:
BLUR forming a H&S in higher time frame. If breaks the neckline, possible to dip towards $0.4316 level.
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Reduce some exposure around entry and make the trades risk free ! ✔️
Volatile market ‼️
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#Grayscale is not actively “dumping on the market.”🩸
People are selling GBTC which means grayscale has to sell the equivalent amount of #bitcoin.
It’s not nefarious. It’s simply the mechanics of an ETF.
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Bitcoin Miners are selling and getting prepared for the halving hence profit taking.✔️
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https://www.tradingview.com/x/xGtrfBrD/
It Lost 44800 as Daily Support so we can expect BTC to Tag Monthly open 42.3K approx before bouncing towards December High 44.8k. There Is still no major Quarterly Market Structure Shift happened so there is no need to be bearish as long as its above 40132.
