The Chase of Cheaper Bitcoin 🕵️♂️💰
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Hey Traders, FXPROFESSOR here! 🤟 Let's talk Bitcoin. It's been a rollercoaster, for indices hasn't it? 🎢 check my last Nasdaq chart here: 
The Sideways Saga 🔄
Bitcoin's been moving sideways since August 23rd. Highs at 28,200 and lows around 24,900. Right now, we're smack in the middle at 26,430. 🎯 Major resistance/support is at 26,800. Will it break higher? 🤔(I think it will!)
The Chase Effect 🏦
JP Morgan Chase recently banned crypto transactions in the UK. 🚫 JP Morgan News Could this be a ploy to buy cheaper Bitcoin? 🤨 I think so, yes but also check the bonus link below)!
What's Next? 🤷♂️
If we break higher, aim for 28,990. 📈
If rejected, we could dip to 25,200 or even 24,800. 📉
Everything's up in the air. Let's see how the chase for cheaper Bitcoin pans out for JP Morgan and for us. 🕵️♂️💰
One Love,
The FXPROFESSOR 💙
Links:
reuters.com/technology/jpmorgans-uk-bank-chase-ban-crypto-transactions-2023-09-26/
cointelegraph.com/news/jpmorgan-chase-ceo-all-crypto-will-be-government-controlled
cointelegraph.com/news/crypto-is-a-nonexistent-asset-for-big-institutional-investors-jpmorgan-exec
Bonus link:
finance.yahoo.com/news/people-thought-caught-jpmorgan-buying-183900306.html (People thought they caught JPMorgan buying bitcoin after Jamie Dimon called it a 'fraud' — but that's not what happened) -just so that we have the 'other side of the story')
The Sideways Saga 🔄
Bitcoin's been moving sideways since August 23rd. Highs at 28,200 and lows around 24,900. Right now, we're smack in the middle at 26,430. 🎯 Major resistance/support is at 26,800. Will it break higher? 🤔(I think it will!)
The Chase Effect 🏦
JP Morgan Chase recently banned crypto transactions in the UK. 🚫 JP Morgan News Could this be a ploy to buy cheaper Bitcoin? 🤨 I think so, yes but also check the bonus link below)!
What's Next? 🤷♂️
If we break higher, aim for 28,990. 📈
If rejected, we could dip to 25,200 or even 24,800. 📉
Everything's up in the air. Let's see how the chase for cheaper Bitcoin pans out for JP Morgan and for us. 🕵️♂️💰
One Love,
The FXPROFESSOR 💙
Links:
reuters.com/technology/jpmorgans-uk-bank-chase-ban-crypto-transactions-2023-09-26/
cointelegraph.com/news/jpmorgan-chase-ceo-all-crypto-will-be-government-controlled
cointelegraph.com/news/crypto-is-a-nonexistent-asset-for-big-institutional-investors-jpmorgan-exec
Bonus link:
finance.yahoo.com/news/people-thought-caught-jpmorgan-buying-183900306.html (People thought they caught JPMorgan buying bitcoin after Jamie Dimon called it a 'fraud' — but that's not what happened) -just so that we have the 'other side of the story')
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market update as price got rejected, still Bullish though
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🌐 Public Telegram: t.me/fxprofessor88
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