As the economy continues to collapse, central banks keep raising interest rates in order to combat inflation. Most likely this will cause stagflation by driving out investment and tremendously slowing down the economy. As per inflation, the countless money printing by the central bank and, the attacks on the energy sector by the Biden administration is causing CPI...
Weekly time frame falling wedge reversal pattern shows a bottom for ICP
The price has kept pushing up without giving anymore discounts. It is currently fluctuating around 44k and I believe this is a very bullish consolidation that is happening right now. The next step for BTC is to push up to the mid 50s and ultimately continue on for a new ATH.
I believe this recent push up from 33k has proven that we have reached the bottom. I only expect a retest of the bottom and this is a rough sketch of how it might play out