the daily degen 🦍(23oct23)
handle.fi daily trooper update
todays markets
market news
😬stock futures edge higher on sunday night as wall street awaits big tech earnings.
🚀chainlink shatters multi-month hurdle after 21% rally, what can LINK holders expect next?
✈️solana soars 12% overnight as crypto market recoups $43 billion.
😃SEC likely to approve spot bitcoin ETF in next few months: JPMorgan.
🤬LBRY ends operations, cites feud with SEC and mounting debt.
crypto fear and greed index
🔊 market event to look out for (UTC times)
tuesday (24/10)
05:00 JPY - BoJ core CPI (YoY) - forecast: 3.3%
13:45 USD - S&P global services PMI (oct) - forecast: 49.9
wednesday (25/10)
00:30 AUD - CPI (QoQ) - forecast: 1.1%
thursday (26/10)
12:15 EUR - ECB interest rate decision (oct) - forecast: 4.5%
12:30 USD - GDP (QoQ) - forecast: 4.1%
14:00 USD - pending home sales (MoM) - forecast: -1.3%
friday (27/10)
12:30 USD - PCE price index (MoM) - forecast: 0.3%
around the X-verse… (formerly the twitterverse)
liquidity ⬆️ = bitcoin price ⬆️…
technicals look interesting 🫡…
would be a shame 😉…
trade ideas
trade: short BTC/ USD
for over six months, BTC has been oscillating within a defined range since its initial breakthrough of the 30k resistance in April.
just last month, the price retraced, touching the support level at approximately ~25k. fast forward to last week, and we witnessed the price surpassing the range's midpoint near ~28k, now possibly eyeing the resistance at around ~31k. previously, BTC has faced challenges maintaining levels above this point, suggesting potential resistance ahead.
should BTC falter in its attempt to break above $31k, it might be a strategic move to consider initiating a SHORT trade. a potential target for this trade would be the range's midpoint, close to ~28k.
#NFA #DYOR
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