AkLi wrote a post · Jan 18, 2024 07:31

BTC 1 Hour (Followers)

Hi MooMoo, please do not put my posts without tags into the comment sections of their stocks. Thank you! Sometimes I like these important posts to be for the followers only.

I’d say today was absolutely one of the more bearish days so far. Especially with the rate cut probability cut in half. We saw some extreme volatility in markets.

However, I am very impressed with Bitcoin right now. We have held up for 4 days now and counting from the previous larger movement. The battle is raging on between buyers and sellers, but in the end I am impressed buyers, investors and traders have been able to keep up the price. If this continues, it establishes confidence within the BTC price and we may see movement upside. the 4 hour imbalance probability only goes up the longer we go sideways.

I will make update charts eventually, but for now we have to wait and see. I have not taken any crypto positions. Have a great night and gear up for tomorrow hahaha

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AkLi

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Alkaline Analyst All Deep Dives: https://medium.com/@alkalinedeepdives

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