# 0xshaf.eth

## Recent Posts

- [BTC UPDATE 
Be careful and check the BTCUSD pair, not BTCUSDT

Talking about the local trend is quite difficult right now. There is a strong support at the $19,900 level. We have placed limit SHORT orders in case this level will be broken downwards.

Overall news background is not bullish at all. Banks and stability are crashing. From the first glance it is not the best time for Bitcoin to grow, but at the same time we have bullish arguments:

- Funding is extremely negative, we saw such low numbers during the COVID dump 
- Mining difficulty keeps growing
- Fear&Greed index finally dumped from the 55 to 33 points

Overall: we open SHORT in case of confident $19,900 breakdown. We also hold spot positions. Bull trend will come back only after $22,250 breakout.](https://paragraph.com/@0xshaf/btc-update-be-careful-and-check-the-btcusd-pair-not-btcusdt-talking-about-the-local-trend-is-quite-difficult-right-now-there-is-a-strong-support-at-the-19-900-level-we-have-placed-limit-short-orders-in-case-this-level-will-be-broken-downwards-overall-news-)
- [shafjazz](https://paragraph.com/@0xshaf/shafjazz)

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