1 year ago

🟠BITCOIN UPDATE🟠
Bitcoin today isn't looking that great with multiple levels to watch out for on the micro and the macro. The breakout zone for a long position is going to be around $17050 and for a short position, it's going to be around $16650. Sam Bankman-Fried has been extradited to the US where he will face court as soon as Wednesday next week plus 2 of his closest colleagues have pled guilty to fraud and are cooperating with the US governing body to expose SBF.

This will have an interesting effect on the crypto price because of the bullish news that the US government has stepped in to help the people but also bearish because it could bring some nasty regulations to the table in the US. This would crash the price of crypto no matter what because Bitcoin is all about decentralisation.
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Timestamps:

00:00:00 - Intro

00:00:26 - Bitcoin Short Term

00:4:20 - Bitcoin Mid Term

00:10:20 - Bitcoin Long Term

00:11:44 - Sam Bankman-Fried

00:13:13 - Outro

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Everything that’s said in our videos is strictly personal opinions, nothing said should be taken literally or as financial advice. In these videos we like to educate our viewers as well as give them trading ideas for them to think about. Nothing we say should be taken as financial advice or financial guidance.

#Bitcoin #Cryptocurrency #Crypto

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