Bitcoin price taps $21.3K ahead of Fed Chair Powell Jackson Hole speech

An accompanying chart showed buy and sell levels on the Binance order book, these strengthening closer to spot at the time of writing, reducing the potential for a breakout.Continuing, Keith Alan, nonetheless predicted that an end to the“PA will be forced to make a directional move out of the micro-structure very soon,” he“Normally I would be eager to scalp the volatility that usually front runs a JPow conference, but the R:R ratio in the active range sucks.

On the topic of price targets, Cointelegraph contributor Michaël van de Poppe flagged $21,000 as a key level to hold in the event of additional downside.is boring, as we anticipate reactions based on tomorrow's news .- Testing $21.8K will likely result in acceleration to $23.2K.

WilliamSuberg I’m holding on bitfinex till the grave.

WilliamSuberg Hmmm whats going on with Btc

Not to excited for the speech today, closing all my trades and settling down all contracts. Still holding ETH and BIT however, as I am still vigilant and bullish on the growth of DAOs and the ETH ecosystem

Just use your brain and look at macros. E.g. inflation rate & comments in various countries. Energy cost increase (UK commented to go to 80%) Most economists do predict a recession for next year. Be careful with influencers calling any increase a BullMarket

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