Bitcoin and traditional markets, are we topping up?⛰️

15 thg 8, 2022

Bitcoin is inside the bear flag that we have been tracking for the past month, price is approaching the upper trendline of the global descending channel and it is possible that we find resistance in this area, a great confirmation would be a spike stopping out early sellers to then continue dropping. US30 is approaching a key pivotal area too and we could see a bounce from this area, even if the CPI numbers were somewhat positive for July, we are still nearly on all time high levels of inflation (8.5%)