Will this channel decisively break down? Or will it bounce?! It's a stable uptrend channel... started the 12th of november... Will it hold? Take your positions; bulls or bears! ------- CO BITSTAMP:BTCUSD
In Januari 2026 we'll look back at this with a DXY at 120 and GOOGL price in the red circle and say... this was just a crab market...
After breaking first attempt, which I called as temporary correction. (see previous post) We tried to get back in there once, didn't happen. Maybe we go in second time again.
I believe there will come a time in our near future where you could speak of a recession, but it won't be as a bad as such. It'll be more like a larger correction, just like the one in 2022, as you can see on the chart. Back then it had other reasons for dropping, but it's still generally the same narrative: as we are in a crab market since 2021... perhaps until...
Bull flag forming on the DXY (after breaking through the parabola) Break up on next retest.