BTC - new range between $40k - $50k
Bitcoin does not have enough momentum to go above 50k, and there are too many buyers for BTC to go below 40k.
Bitcoin has the next month cool off before the rate hike on March 15th. This hike will act as the market's next pivotal turning point. If the Fed says that they are going to lessen the money printer and begin quantitative tightening (likely) then Bitcoin could back to the <40k value zone.
Bitcoin has the next month cool off before the rate hike on March 15th. This hike will act as the market's next pivotal turning point. If the Fed says that they are going to lessen the money printer and begin quantitative tightening (likely) then Bitcoin could back to the <40k value zone.
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.