were seeing a strong feds dovish approach on interest rates,
According to JpMorgan they forecast rates will be dovish this time due to russian and ukraine crisis, they forecast instead of 50 bsais point feds will lower to 25basis point this march 16, 2022,
if this happen bitcoin is bullish and it will buy more time to materialize the final leg of this bull run to 100k to 125k max 150k this 2022,
on technical analysis we see a strong bounce and it signaling that its ready to reverse and retake the bull side,
for now bitcoin should break 40k-41K so more traders will enter since 40k is still acting as resistance, if breakout happens it will change how investors and traders view on whole crypto.
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.