Besides technical indicators as you can see on this BTC futures on CME there's a price gap between 20360 and 21095 USDT. So far every previous gap has been filled again so I expect this one to be filled too.
On the other side DXY looks bullish:
If the trend remains the same BTC will likely see a correction.
Personal opinion: I think we still have to experience the effects of a real recession due to global inflation so I think that the real bottom is not in even though charts looks to have bottomed.
Good luck
On the other side DXY looks bullish:
If the trend remains the same BTC will likely see a correction.
Personal opinion: I think we still have to experience the effects of a real recession due to global inflation so I think that the real bottom is not in even though charts looks to have bottomed.
Good luck
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I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.