Short-Term Outlook:
Bearish Scenario: If the current support around 141.60 breaks, USD/JPY could head lower, testing 140.00 or below.
Bullish Rebound: If support holds, expect a possible rebound to 143.00 or higher, depending on market sentiment.
The trend suggests higher highs and higher lows, signaling a longer-term bullish trend for Bitcoin. This projection predicts a potential rise towards $90,000 and possibly beyond.
Short-Term Consolidation: The inner smaller channel (marked within the larger one) shows a consolidation or corrective phase. This could be a bullish flag within the broader trend,...
The chart shows previous instances where the DXY reversed after similar declines. If there's a historical pattern of reversal at similar levels, this could support the potential for a bounce.
Based on the current indicators, there's no strong confirmation of a reversal yet. However, the price is approaching a potential support level, which could provide a bounce...
According to economic calendars CPI & retail sales will cause a slight dip sep 13,14
then 20th high interest rates should bring it back up
Following the parallel channel and simple support/resistances
