BitcoinShort
Bitcoin won't find support until is breaches $10k
The great unwinding of excesses after the COVID crisis continues. Bitcoin will not attempt to find support until it reaches 10k or lower.
The US/Global markets may continue to trend lower as well as Q2:2022 earnings/revisions are likely to SHOCK trader's expectations.
Now is not the time to be buying anything (IMO). Smart traders understand the risks related to Q2 earnings/revisions and will wait out the revaluation event.
July 26/27 looks to be the end of a major price cycle. I suspect we'll see a bottom sometime near then.
Stay cautious and follow my research.
The US/Global markets may continue to trend lower as well as Q2:2022 earnings/revisions are likely to SHOCK trader's expectations.
Now is not the time to be buying anything (IMO). Smart traders understand the risks related to Q2 earnings/revisions and will wait out the revaluation event.
July 26/27 looks to be the end of a major price cycle. I suspect we'll see a bottom sometime near then.
Stay cautious and follow my research.
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-- More..
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-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.Com Expert Growth Today
Get Some.
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.