Alright team, here’s how I’m lining things up for Bitcoin:
BTC is hovering near $105 k, just cooling off after last week’s big run. When price drifts sideways like this, it’s loading the spring—volatility is squeezed, so I’m betting on a sharp soon.
My roadmap is simple: • If we punch through $108 k and hold, I’ll ride momentum toward $112–114k. • If we slip under $101k, I expect a slide into $97-99k. That zone is where I’m happy to load fresh longs. • A deeper wash to $92k–95k would be even healthier, but that’ll take time. Any dip below $100 k and I’ll start slow-DCA spot buys.
Alright team, here’s how I’m lining things up for Bitcoin:
BTC is hovering near $105 k, just cooling off after last week’s big run. When price drifts sideways like this, it’s loading the spring—volatility is squeezed, so I’m betting on a sharp soon.
My roadmap is simple: • If we punch through $108 k and hold, I’ll ride momentum toward $112–114k. • If we slip under $101k, I expect a slide into $97-99k. That zone is where I’m happy to load fresh longs. • A deeper wash to $92k–95k would be even healthier, but that’ll take time. Any dip below $100 k and I’ll start slow-DCA spot buys.
The messaging service and social-media platform owes creditors roughly $700 million by the end of April, according to people briefed on the company’s plans and loan documents viewed by The Wall Street Journal. At the same time, Telegram Group Inc. must cover rising equipment and bandwidth expenses because of its rapid growth, despite going years without attempting to generate revenue.
Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.
