Bitcoin Rejects Higher Levels
Bitcoin made a run for higher levels, breaking through resistance at 45K, but topping out at 45.6K, exactly as we predicted here. It seems that inflation data and increased Fed rate hike expectations have taken their toll on crypto. We appear to be maintaining the 40K's for now, but have retraced sharply to 43.1K. This level has held strong in the past, but if not, then we have a vacuum zone to two strong levels in the 
41K's. If bull momentum returns, we have several levels in the 45K-
46K range that should slow us down, but if not, the next target is 47.4K.
41K's. If bull momentum returns, we have several levels in the 45K-46K range that should slow us down, but if not, the next target is 47.4K.
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