Still very bearish and not bottomed in yet.. it’s not over
Hit 24K but made into a Resistance.
Most people said bitcoin is bottomed.. no not quite. The bear market isn’t over, tell you why and bitcoin will still be volatile and the big problem of liquidity.
The Feds are still raising interest rates and best part inflation is cooling down but don’t celebrate way too early because back to bulls .. bulls aren’t back yet; if bulls are back then would hit over 35K.
Since more jobs are in but more hiring would cause further rate hikes, and inflation are still high but still will take time.
The war is coming between china and US as well since the spy balloon had taken down.
The bottom I see still about 10K around there. If not then 12-14K is the bottom; the bear market retrace is still going.. don’t get too greedy.
Most people said bitcoin is bottomed.. no not quite. The bear market isn’t over, tell you why and bitcoin will still be volatile and the big problem of liquidity.
The Feds are still raising interest rates and best part inflation is cooling down but don’t celebrate way too early because back to bulls .. bulls aren’t back yet; if bulls are back then would hit over 35K.
Since more jobs are in but more hiring would cause further rate hikes, and inflation are still high but still will take time.
The war is coming between china and US as well since the spy balloon had taken down.
The bottom I see still about 10K around there. If not then 12-14K is the bottom; the bear market retrace is still going.. don’t get too greedy.
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