We can see bitcoin get out of falling wedge with sideways movement and is still in a bear flag.
I expect DXY to make one final push upward before falling down.
I also expect SPX to mirror it's 15 mar - 29 mar
movement break out form the falling wedge small pump till next resistance and continuation of bear market.
We could still see some bullish action on bitcoin top 25k in my opinion after which the fall will begin.
- Not a financial advice
Note
We are close to our target area, better close in profits before the resistance levels.
We can see volatility spx 500 index is at support level and can potentially pump thus cause spx dump which is already nearing the resistance level be careful.
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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.