As long QQQ holds above $360, no warnings. It may rally trend channel up to $400. if it breaks down $360, it will go down to $340 straight to due volume void.
Many confusing news about #evergrande and their bonds. It’s paid, it’s due, next month. All seems like a gaining time before something big happen. Therefore BTC stuck between 40k and a50k.
BTC has a hard time finding a direction. Continue to consolidate between 40k and 50k. My projection is it will continue to consolidate for a while. (Daily Chart)
As I told you yesterday, bitcoin lingers between 40k and 50k. Any breakout under 40k, will signal entering bearish season, any breakout over 50k will signal bullish season.