Most of the printing and bailouts will be injected into the Economy in November. In order to argue we have settled at a bottom, the markets need to show some pain as well as a slow down on inflation. This will give a green light for a FED pivot. Don't bet against the central planners... They can't go broke like you and me.
Note: We overplayed the head and shoulder from the last chart I posted and lost momentum at 21.5k. This will bring us to the second price target and complete the bear flag pole.
Please check out my track record of BTC charts.
Note: We overplayed the head and shoulder from the last chart I posted and lost momentum at 21.5k. This will bring us to the second price target and complete the bear flag pole.
Please check out my track record of BTC charts.