BTC is now on a new channel, days of exponencial grow as gone
i have another prediction that btc is going to 1000, this is the XRP case. Fundamentals - This financial crisis will be wost than ppl think. Ppl will sell their crypo to pay bills. - next 1.5 years FED will helicopter money to save banks, inflation kicks in crypo surges again to all time highs - 2023-2024
this financial crisis will be bad. people will selll their btc to pay the bills. But the FED helicopter money to safe the economy will bring hyper inflation and BTC will be the king again
beyond green suport bears take control
bounced on channel, target -> the last upper support / 4h 200ma
bullflag consolidation, 50% held 1 time, 618 held 2/3 times, time to resume the uptrend. Japanese economy on the wort shape ever. People losing faith on JPY.
europe ship is already sinking. lets make some money while they fight each other
50% correction of the main trand 200 ma D1 rejected RSi div targets on chart
200ma rejection 50% fib of the first leg main trend = down targets on the chart
hammer the usd jpy pin. going fall hard
overal trend is down, flag finished on upper channel band. new leg down to 51$
pulback to 61 finished. new leg down, 100% of the fist leg
looking like a broadening botton on Aud Cad.