Here are some of my thoughts about the past two years, the current situation, and how we ended here. One thing is for sure - 2022 is going to be different. One of the main reasons for this is highlighted in the chart: liquidity moves from one market to another. The inflation is increasing and our portfolio value is decreasing. In bearish times, we have to adapt to the situation and customize our strategy.
This idea is a very basic approach to aligning fundamentals & technicals on the chart. To round things up, I'm expecting BTCUSD to continue the bearish trend with the lower $20k range in sight. We need a shift in sentiment from a geopolitical & financial perspective in order to make new highs.
What are your thoughts? Let me know in the comments.
This idea is a very basic approach to aligning fundamentals & technicals on the chart. To round things up, I'm expecting BTCUSD to continue the bearish trend with the lower $20k range in sight. We need a shift in sentiment from a geopolitical & financial perspective in order to make new highs.
What are your thoughts? Let me know in the comments.
