Bitcoin
Short

BTCUSD | Bear Chart

52
  • Are we still running through a quarterly bear run?
  • BTC is running through tough times. As the US indexes had a great 2020-2021 bull run, we can expect the tech market to follow with a decline, including BTC
  • BTC doesn't have more liquidity entering as the stimulus checks have been taken away. Until there are better news from the Feds we can expect a short bear run. (Quarterly)
  • The Feds did say that they will slowly increase the rates giving us more time to repay our debts. Until then, we will see a slow decline in the market.
  • We have to analyse the inflow and outflow of the BTC and the altcoins as we have might have an altcoin season instead of BTC dominating the market.

    If you have any comment, please do say so as I am inclining of listening to any ideas, and thank you for reading.

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