I anticipate Bitcoin to drop a correction sequence - 34,500 level as a first low
From here, we should watch for a major resistance to hold around 43,000 - this indicates a further drop to the 10,000 level
If Bitcoin drops at speed we know why - DXY is seeing a major breakdown and bearish retest. This indicates an extended 1-2 year bull market - prior to which to market has interest in recollecting liquidity at these ultra lows
This is my take on the market and has been for months. I expect this to happen in the short term timespan
From here, we should watch for a major resistance to hold around 43,000 - this indicates a further drop to the 10,000 level
If Bitcoin drops at speed we know why - DXY is seeing a major breakdown and bearish retest. This indicates an extended 1-2 year bull market - prior to which to market has interest in recollecting liquidity at these ultra lows
This is my take on the market and has been for months. I expect this to happen in the short term timespan
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.