Bitcoin / TetherUSShort
$BTC bearish scenario
I feel like this is the most probable outcome for the next month.
1. FED rates hikes today again (75 to 100bsp).
2. Economy will go into an (official) recession.
3. FED starts QE in September to stop the economy from falling apart.
4. Risk on is back. BTC bottom at arround 12k with a quick wick below 10kwith a quick wick below 10k.
1. FED rates hikes today again (75 to 100bsp).
2. Economy will go into an (official) recession.
3. FED starts QE in September to stop the economy from falling apart.
4. Risk on is back. BTC bottom at arround 12k with a quick wick below 10kwith a quick wick below 10k.
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