Accept the Correction and Move on BTCUSD
Aktualisiert
BTC well on its way to retest weekly 200MA. Fed interest rate hikes and political issues also are catalysts for the downfall along with a much-needed correction. The second peak at 68k only happened due to a lot of extra stimulus money being thrown at the public and therefore leaving people with more money to invest and therefore inflation and interest hikes. A much-needed correction that would probably last well into 2023
Anmerkung
Biden administration trying to regulate the crypto market. The confirmed downside from a fundamental perspective.Anmerkung
Sell every rally. Buy the dips.Anmerkung
Retest 30k? Most likely.Anmerkung
In buy zone territoryAnmerkung
After further analysis, BTC could very well hit 13-14k, which will be bottom.
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