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Bullish Q1 2023 thesis for BTC
Bitcoin
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Bullish Q1 2023 thesis for BTC
Oleh wavesurferXBT
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7 Jan 2023
1
7 Jan 2023
Since mid-December many psychological parameters started to make me think that we were going to have a rise in BTC for the first quarter of 2023.
Many people are waiting for lows, 14, 12, 9k.
Many people are predicting that the bottom of the market will come in the first quarter of 2023.
The right way of thinking is now to be bearish, otherwise you don't understand anything about macro or trading.
We have a window until the next FED meeting. It would appear, despite all that has been said, that we are getting closer to their target this year.
Technical analysis can show us some nice things, the analysis of the volume profiles, the share price and the order flow could play in this favour.
Beyond Technical Analysis
Bitcoin (Cryptocurrency)
BTC
Bullish Patterns
Cryptocurrency
fed
q1
Trend Analysis
wavesurferXBT
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