A quick scan of Bitcoin momentum and structure suggests we might top out between $23k and $25k locally.
There is still anxiety and uncertainty in markets. I think we need clearer guidance from the Treasury and Fed to recover $25k.
Until then, a sideways between $20k and $25 remains my thesis, with intraweek wicks beyond that possible.
A weekly close over $25k invalidates the crab.
Note that this week we have a ton of data: PPI, CPI, jobless, and the ongoing banking drama. There will likely be times of high volatility, trade safely.
There is still anxiety and uncertainty in markets. I think we need clearer guidance from the Treasury and Fed to recover $25k.
Until then, a sideways between $20k and $25 remains my thesis, with intraweek wicks beyond that possible.
A weekly close over $25k invalidates the crab.
Note that this week we have a ton of data: PPI, CPI, jobless, and the ongoing banking drama. There will likely be times of high volatility, trade safely.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.