๐Ÿ“Š#BTC Death Cross is about to flash!๐Ÿ†˜๐Ÿ“‰

Wolf king
1 min readSep 9, 2023

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BTC futures analysis

โ€ผ๏ธDumping is not far away from us. This is not alarmist, because it is the general trend.

Before making a specific analysis, we need to first understand an event that we should pay attention to in the future:๐Ÿ‘‡
On October 17, the SEC will review 5 BTC spot ETFs again. Regardless of the outcome, the market will experience wild swings, so use necessary risk management.โš ๏ธ

๐Ÿง Now that the event driving factors are in place, letโ€™s analyze them based on the event expectations.
Then I opened the EMA technical indicator and simulated its possible trajectory, and made a surprising discovery: the death cross is about to appear! ! !

โœ”๏ธWe all know that technical indicators are delayed. When the death cross occurs, we may have missed the entire market opportunity.
In addition, we have been consolidating here for a long time. BTC is likely to break the wedge structure and start falling before the 17th.๐Ÿ“‰

let us see๐Ÿ‘€

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Wolf king
Wolf king

Written by Wolf king

Thank you for following!I am an accurate and fierce spot and futures trading strategist.Follow me and print money, find me on TG:@wolf_king8

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