BTC Bearish
Since the fear of extraordinary high inflation and the corresponding provisions against it are shocking investor's sentiment, I want to warn from "unexpected happenings" in the near future.
I would not believe, that current levels will be held. We might see a continuation of up's and down's for a few weeks, but after March (point of time where the FED will stop its balance sheet expansion), I can't see prices being sustained at this level.
The Money Flow Index is near it's overbought range, which indicates a broader top-ish area, as well as we are still below the Cloud.
Passiveness is recommended.
I would not believe, that current levels will be held. We might see a continuation of up's and down's for a few weeks, but after March (point of time where the FED will stop its balance sheet expansion), I can't see prices being sustained at this level.
The Money Flow Index is near it's overbought range, which indicates a broader top-ish area, as well as we are still below the Cloud.
Passiveness is recommended.
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