Bitcoin Behavioral Analysis
Price action recently created a corrective regular flat (double top pattern) on different time frames, this reversal pattern seems legit and likely to play out so far. The path that I labeled is just an idea of how this might go down.
BTC reversal will only come after Fed capitulate, and that would by year end, we need to see inflation really coming down, until then expect new lows.
regards:
Short low, take profit even lower.
BTC reversal will only come after Fed capitulate, and that would by year end, we need to see inflation really coming down, until then expect new lows.
regards:
Short low, take profit even lower.
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Update: historically over the past 9 months stocks rallied on FOMC meeting day only to drop hard one day after it. Any rally on FOMC is shortable.
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Too early to get out of my shorts, 12k coming. Wouldn't be surprised falling below 10 k .Catatan
I bet this will hit ATHs once more .Catatan
aths is very likely . probably in 6 months
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