Theory behind this one is the bearish trend we have been facing on BTC. THE DOLLAR IS UNDERVALUED, the trillions printed will show in this week. Combined with the increased interest rates. It’s simply not the correct environment for a crypto bull run.
Im expecting a retracement at least on BTC starting Monday. Institutions will capitalise on the FOMO longs during this recent pump. Loads of liquidity built on the buy side, time to test these levels. Whatever goes up must come down.
Never risk more than one percent and do your own research. This is not financial advice.
Im expecting a retracement at least on BTC starting Monday. Institutions will capitalise on the FOMO longs during this recent pump. Loads of liquidity built on the buy side, time to test these levels. Whatever goes up must come down.
Never risk more than one percent and do your own research. This is not financial advice.