But I think so, the price will be under upward corrective waves till 2024. that is compatible with FED too!
look at the Bitcoin/usd chart that i have saved it since Jan-May 2021, after completion to reach 60,000$ as longed 3rd wave, I confess I was influenced by some bullshit rumors & well known ideas as 5th wave target and to put it up to 150,000$ ! while I knew that was very improbable!!
At the moments FED authorities are blowing in the fire, but there is no more fuel remained, unless they would explode Economy!
Recession is coming? can we expect another horrible fall? or a temporary situation would be passing?! ✔
Something gonna be repeated ?! According to Uptrend regression line (long) the ratio would oscillate around base line, the rate of xau-usd descent is more.
Gold is Gold then SELL at the moment! There are some factors that support Gold value vs Usd
Whales should take care of the Prestige of Bitcoin & Crypto as A Class Asset !