BTC well on its way to retest weekly 200MA. Fed interest rate hikes and political issues also are catalysts for the downfall along with a much-needed correction. The second peak at 68k only happened due to a lot of extra stimulus money being thrown at the public and therefore leaving people with more money to invest and therefore inflation and interest hikes. A much-needed correction that would probably last well into 2023
Kommentera:
Biden administration trying to regulate the crypto market. The confirmed downside from a fundamental perspective.
Kommentera:
Sell every rally. Buy the dips.
Kommentera:
Retest 30k? Most likely.
Kommentera:
In buy zone territory
Kommentera:
After further analysis, BTC could very well hit 13-14k, which will be bottom.
