BITCOIN ANALYSIS
For the first time since June 2022 when BTC started consolidating, Price tagged new highs at 34800, which also happens to be previous support from January/February 2022. At the same time, the DXY is rising strongly after retesting the 105.50 zone, and its gaining momentum on the Monthly TF. Rejection of BTC at these levels means there is one more leg down to new lows for BTC.
Note
The fall of BTC is inevitable !
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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.