Expoilt

Bitcoin has remained Bearish for this week (in Q1) after reaching 70k usd on Monday 23.3. indicating that the seller are still dominating the market.

WHAT COULD BE THE REASONS:

As the geopolitical tensions still rises and peace talks not being met which generates so much Uncertainty in the market.

- THE oil price Surges which in turns strengthens the Oil based economy like the US dollars etc.

-Most CFDs and Commodities like GOLD; SILVER ETC... associated with the USD is still either in a Bearish cycle or a ranging market.

As Investors and Institutions remain mostly Neutral and same time watchful.

WHAT TO EXPECT AS TRADERS OR INVESTORS:

- High level volatility in assets while some will be A VERY CHOPPY MARKET TREND.

- Fear and Greed quotient will increase in the market but a proper risk managment will keep you either profitable or atleast protect your capital.

- The market is highly volatile it requires some level of: TREADING WITH THE CARE.

DO NOT FORGET RISK MANAGEMENT IS KING IS SUCH TIME AS YOUR STRATEGY MAY OR MAY NOT ALWAYS PLAY OUT.

This could be you. account was 11 EUR in the morning by God grace brought it up to 127euro

this is my directional bias. is bullish till 80k usd.

from the daily we can see a bullish engulfing candle on a daily time frame.

its potential looking like it will be targeting 6950-7000 per share price any time soon could happen before the end of this week.

lets see what Unemployment claim will bring to the chart.