Burkan Beyli
@burkanbeyliQuantitative Trader, Crypto Fund Manager and Biyond Co-Founder & CEO
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Potential FOMC scenarios I am watching. 1. Immediate breakout and ongoing rally towards $68,000. 2. Final flush out towards $57,000 then a recovery.
#ETH Very bullish on ETH. Last 4 times we had TD Sequential weekly 9 buy setup, ETH price appreciated significantly.
#BTC Expecting another three weeks of bearish or consolidation PA and a potential lower low before the bull run is back on course in October.
#BTC caution for the next few weeks. September is a bad month for global liquidity. We might see lower lows till the end of September.
Biyond momentum driven Vanguard indicator had numerous winning trading signals this week on multiple timeframes. Come and check it out for free. biyond.co
If we do not close by Friday above 56500USD target is target is sub 50K USD in four weeks.
We either hit this target in September or will never hit till 110K USD. DeMark weekly is 4 weeks away from a buy signal.
$BTC $53k has been my target since the $63k failure (see posts from mid-August), but don't rule out $48k. Markets love symmetry, and fakeouts to one side of a pattern usually trigger extended moves in the opposite direction. #Bitcoin
Bitcoin DAA Activity at its weakest in nearly a year and corresponds to the period before Bitcoin started its rally in 2023.
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