Hello .As we can see bitcoin should react somewhere between 24 to 24 k and bulls should be emerge .we should be patient for the third phase of Elliot....
While most traders keep eyes on federal reserve minutes and inflation INDEXES , BTC may go upward even with more F.R rate hikes for some reasons: 1.every one knows that federal reserve cant increase rates without any limitimitations and late or soon FR should stop rising.. 2. BTC PRICE is extreemly undervalue and now it has a good risk reward ratio for...
Hello . As we can see BTC may have a wedge shape movement until 25 k zone ... after this we can move to 28k easily
btc upward movement may triggered by FR news during these month.
as we know dollar weakness may trigger btc long positions so I want to compare btc and dxy...we can see that In 4 h timeframe dxy tried to passed its dynamic resistence.... some negative news federal reserve can push it downward and trigered btc upward rally... BINANCE:BTCUSDT BINANCE:BTCUSDT