The amount of money that is briefly tallied twice within the banking system as a result of delays in recording a deposit or withdrawal. These delays are generally caused by the time it takes to process paper checks. As soon as a check is deposited, a bank credits the customer's account. The time it takes to receive and record a check from the payer's bank varies. The amount of the check "exists" in two locations, in the accounts of both the payer's and recipient's banks, until the check clears the account upon which it is drawn.
Today we take a look at the technicals for Bitcoin and Ethereum. The crypto market has been quiet for several months. On Friday we detected unusual dark pool activities (large block orders) in the Bitcoin Trust Fund and Ethereum Trust Fund, GBTC and ETHE respectively. When smart money know something, they place large orders in the dark pool exchanges, away from the public eye. By doing so, they are positioning themselves ahead of the crowds, in order to benefit from move that will follow, once the news or report is made public. However, dark pool activities do not tell us the direction of the next move. It only tell us that a large order(s) has been placed. Only a breakout (bullish) about a resistance level, or a breakdown (bearish) below a support level can confirm the direction of the next move. So, what can we expect next? Watch this video to find and to get the technical insights. Good trading! Trading Risk Disclaimer All the information shared is provided for educational