#هام Very
Dear traders, we renew the discussion about the market trend and the overall outlook for the market seems very positive
Therefore, we will witness a sharp decline during the coming days on the weekly frame
#اغلاق the $BTC during this week
If it closes at a price of 85_86, this means that the decline is still ongoing
And the $BTC could reach the lowest support areas, which are specifically 78_75
#لذلك We advise the brothers who entered short trades with us to continue in the trades, and the closing will be on the 10-day frame
#الاسباب There are many, and we mention the following :-
1 The rise of the gold market negatively affects the rise of cryptocurrencies
This means that gold, in the current situation, is considered a safe haven for many investors
2 The events of the Japanese economy, which play a crucial role in reducing the price of the dollar due to economic competition, push many investors towards it
3 Expectation of the Federal Reserve not announcing a reduction in interest rates, which keeps the downward wave ongoing to some extent
Confirmed news scientifically and economically
The decline continues, and we move with the downward trend in opening short trades
Good luck to everyone
#ا