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The Bitcoin Seer
npub1rtc…lykr
2024-07-12 16:46:49

The Bitcoin Seer on Nostr: ...


7/12/2024

Yesterday Bitcoin saw another strong rejection above $59k (DM VAH) and another daily close below $58.2k (Daily EMA200.) The German Government is almost out of BTC, so the selling pressure should reduce from that direction soon. We also have the US Dollar showing weakness, so this is a catalyst for a bounce soon.

For i am in no rush. I have my limit set for lower and will watch price action develop. 
Author Public Key
npub1rtcm7s0gnmzpze77eexty9y0cctn5pvn62utvydugau20xvrcdus9dlykr