BTC/cryptos compression until CPI ?
Bitcoin has been compressing between H4 EMAs 100 & 200 for a few days and, I believe, CPI on friday will put an end to this either upside or downside
I think there is no need to play it now or just after the CPI as we are probably about to witness a 15-20% move : plenty of time to position ourselves
I am still mostly bearish atm (inflation, growth & credit numbers are BAD), so will go for 65% Downside, 35% upside
Cheers
I think there is no need to play it now or just after the CPI as we are probably about to witness a 15-20% move : plenty of time to position ourselves
I am still mostly bearish atm (inflation, growth & credit numbers are BAD), so will go for 65% Downside, 35% upside
Cheers
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Downside chosen imho
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Yup...