Probably nothing.
FED and the USA inflation rates has changed the dynamics of the Crypto Market since Bitcoin has a correlation with -NASDAQ-
My last idea which has a pitchfork channel from 2017 top was broken after -NASDAQ- correlation, thus I am making a new strategy.
First of all I believe that we need to follow up 11 May 2022 due to the USA inflation rate publishes.
If the inflation rates goes below 8,1% that may give a positive signal to -NASDAQ-, -S&P- and -Dow Jones- and that will be reflected to Bitcoin as well. So I believe that we can follow 55000 - 57000 USD (0.618 fib line) for 2022 Summer and then we will enter a boring market up to new BTC Halving Date which will be approximately 2 May 2024.
I hope that BTC will reach 185000USD in 2025 after 2024 Halving.
FED and the USA inflation rates has changed the dynamics of the Crypto Market since Bitcoin has a correlation with -NASDAQ-
My last idea which has a pitchfork channel from 2017 top was broken after -NASDAQ- correlation, thus I am making a new strategy.
First of all I believe that we need to follow up 11 May 2022 due to the USA inflation rate publishes.
If the inflation rates goes below 8,1% that may give a positive signal to -NASDAQ-, -S&P- and -Dow Jones- and that will be reflected to Bitcoin as well. So I believe that we can follow 55000 - 57000 USD (0.618 fib line) for 2022 Summer and then we will enter a boring market up to new BTC Halving Date which will be approximately 2 May 2024.
I hope that BTC will reach 185000USD in 2025 after 2024 Halving.
