After today's news our beloved collerated price action begin falling again demolishing any bullishness or hope in the near future. Right now the most important level to watch is the yellow line. If we break that, we officially begin a bear market.
The DXY pushing to new highs and fear across all markets just supports this scenario. The best thing we can get is a exit pump to my higher red line. At this point, no bullish pattern helps.
At least we get nice entry points in June or July. I call for at least 20 000 if not lower for 1 BTC. Take care and God bless y'all.
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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.