ergonap

ergonap

This doesn't necessarily mean bearish, but it does mean we're going to see some really, really ugly times ahead. Overall, the TVC:DXY is bullish on a 3 month timeframe. We really haven't popped the inflation bubble or the rate hike bubble or anything of the sort, yet. Of course, we will correct at some point - but it will only confirm relative bullishness....

ergonap Updated 

Bitcoin is bearish on every timeframe right now, from my perspective of TA. On a basic level, this could be a few weeks, but I do not expect price to move up in any realistic fashion for a while. We could have gone bullish, but then we didn't. We're below every single MA. References: News agrees with TA, as we have DXY booming, we have Ukraine-Russian war...