Sive Morten
Special Consultant to the FPA
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Good morning,
We have prepared new September sentiment analysis of Bitcoin market here.
Despite that market has shown upside action on Friday and resisted to global tendency of USD strength pretty well - we think it is temporal and probably sooner rather than later BTC feels the burden of massive sell-off as well. Anyway, 11.2K area is the key to short-term scenario. While market stands below it, it keeps bearish context.
We have prepared new September sentiment analysis of Bitcoin market here.
Despite that market has shown upside action on Friday and resisted to global tendency of USD strength pretty well - we think it is temporal and probably sooner rather than later BTC feels the burden of massive sell-off as well. Anyway, 11.2K area is the key to short-term scenario. While market stands below it, it keeps bearish context.
