BITCOIN – Rebound expected between now and 33800

Bitcoin – Rebound expected between now and 33800

Bitcoin / TetherUS BINANCE:BTCUSDT

FX_Professor

Our updated Bitcoin chart after yesterday’s bloodbath.

Nasdaq’s dip caused the crypto crash, thankfully we were prepared with some short positions/posts:

NASDAQ - We calculated the Top Exactly but this Dip? 🦉

ETHEREUM - First Test for ALTS after Today's Rebound

The NFP just came out indifferent:
More jobs than expected but unemployment rose and salaries didn’t…
Mixed data for the US economy and it’s all up to the market opening in 40 mins from now.

In any case, we might experience a further dip but sooner or later today we could be allowed to Long positions again. In the meantime the short positions on Ethereum and solana remain open:

ps. The markets are closed during the weekend..hopefully we will be able to recover our losses from yesterday.

One Love,

the FXPROFESSOR

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