Good morning! Bitcoin's market cap reaches 100 billion, STEEMBTC shows a rounding bottom pattern, new Fed Chair to be announced on Thursday

Bitcoin's market cap reaches 100 billion! Read the article on Bloomberg

What do the charts say about Bitcoin?

BTCUSD daily - channel top and 161% fib extension

BTCUSD H4 chart shows a 3-drive pattern and RSI divergence at that major resistance. Unfortunately the pattern is not perfect for me yet, so i am gonna sit out shorting this one.

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The new chair of the Fed, will be announced on Thursday. It will probably be Jerome Powell, who is to take the place of the current Fed chair, the dove Janet Yellen. Catch up on Reuters

Let's see some more charts, before the day catches up on us.

STEEMBTC hasn't reached it's measured move target, but what is looking interesting, is that it is showing some signs of a rounded bottom pattern. Well don't go betting the whole farm yet, but this looks interesting enough to mention.

EURJPY - at crossroads. Self-explanatory. Bullish above, bearish below.

NZDUSD weekly chart. This is something i'm watching with one eye. Ideal scenario would be to grab the stops below recent weekly lows and then turn.

Thanks everyone for reading. Let me know your thoughts in the comments section. Cheers!

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_{Title image from pixabay}

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