SMC Futures

14th July, 2024 BTC back in $60K

A FUD is coming. Genesis Trading transfers 12k BTC to Coinbase amidst bankruptcy. Germans still have 9k BTC to sell. And we have PPI in the next 15 minutes. Gen Gen. Will this be the bye bye, see you at 43k lads?

BREAKING: 🇺🇸 US inflation falls to 3%, lower than expectations. Some easing, investors are happy

Another day for Market dance. CPI in an hour. PPI tomorrow

Last time we checked $ETH outlook. We gave $2869 as the target for Bears. With news about finalising Ethereum ETFs trading, we could possibly see a spike in $ETH price, currently supported with this double bottom formation. If $ETH can break above the descending trendline. We start targeting $4000 Mostly, ETFs hype causes sharp wicks. If you're not currently in a position wait for a confirmation. If you're longing from the bottom, keep holding.

Resistance tagged but sell pressure still mounts

Whales pumping. Up

BTC at $59k

Powell's testimony is live on Arise News 🕺😦

Daddy Powell has started his speech. Tempted to click a short position back to $54k Would be wrong, if price pumps to $59k