It's been a while since I've tweeted, and a lot of you guys have been asking me to check the market lately:
1. Technically, $BTC has broken below its peak range, failing to rebound. The boll is trading close to the lower limit, and volume is also flowing out. Without significant buying pressure, there's a chance of a sharp drop. If you're going long, the timing isn't right, or at least we haven't seen any inflow of volume, so we need to wait.
2. Macro-wise, the Fed has eased its stance, but the key is Friday's non-farm payroll report, and funds are likely seeking safety.
#BTC #non-farm