Should be in the clear to 23k. Forming higher lows for a while now, its fair to expect a bit of a relief pump. Macro outlook also could be better in the near future. Next fed meeting possible higher bps hikes priced in. next inflation print will probably be lower from the lag in gas prices
see the chart and u will get the answer of everything simply
This is an inspiration post because I haven't posted about BTC in a while because of the correlations in other macro factors, but I was chatting with someone about the H&S that was drawn up and they were looking for the right shoulder still. To my unbeknowst I didn't see it was a weekly chart and that's why it didn't match up with my chart. so here we...
bitcoin making the fifth wave around 1.618 of the fourth wave thought will reverse around 23k and start a new bull run. BINANCE:BTCUSDT