By the end of the month, we could be in this range or correct a bit to the 63k area, and look for positions ahead of the U.S. elections on November 5, which could be an important catalyst for cryptocurrencies
Defined range, looking for the other side of the range the top aroung the 68-70k. Criptos will follow, and at that point is going to be crucial. If we hold or correct more, and wait until the elections.
120% last 2 months 175 clear resistance level to breakout Next levels 300-450-600
**Fundamentals:* * The reduction of interest rates will favor higher-risk assets, monetary destruction, and monetary stimuli. A 0.50 bp rate cut is expected by the end of 2024. There is high liquidity in the market, with large investors having cash available, indicating a potential market entry. **BTC Analysis:** Bitcoin is consolidating right at the resistance...
Following my Market analysis where I consider the market can bet the ATH, with strong crypto. NVDA looks very well for the fundamentals and technical. Defined a clear wedge in the High time frame, Breakout and now consolidating above the down trend, Looking for a potential Target as ATH or even Higher.
Introduction I want to break down why I’m optimistic about the current market conditions and share my strategy as we approach the release of CPI data. I’ll walk you through the big picture—the macroeconomic landscape, the Fed’s approach, economic indicators, and the geopolitical situation MACRO ANALYSIS 1. Fed’s Approach Dovish Let’s start by looking at the...