BlockBrief

X or as many know it as twitter is full of baseless news from nobody’s who have a following but are actually fake and spread fake news.

It is important that you ask yourself, who is giving you the information, high follower count is not equal to authority. I feel a lot of people who try twitter for the first time feel high follower count is authority which thought true is not always the case.

Any how the crypto market is still choppy - there is no clear conviction based visuals yet from the technical analysis standpoint. It is clear that since the market structure is a little bearish all ups and lows we see are just speculation driven. Best to remain cautious and if you are a short term trader/scalper best to use strict risk management with tight stop losses to be relevant.

Gold has had a pull back and it is expected to further correct. Please keep in mind, when retail runs after an asset whatever it is , it will always and I repeat always correct. It is a pattern which always repeats, NEVER follow hype. Make reason driven decisions and you’ll be happier in the long run.

Happy investing and enjoy the weekend. Tomorrow will be the weekly candle close for Bitcoin which is important to observe.

Coinbase has announced that they have shortlisted the binance coin to be listed on its exchange. BNB has already done great in terms of returns for early holders - with the current pullback, it seems like a nice ride back to the top.