SUMMARY: Long, even though indicators and cycle theory would conclude short, however, fundamentals and monetary policy are supporting bull trend.
I am preparing this primarily for BTC HODLers and Traders.
-- Technical --
Very large rising wedge and markets are overextended on valuations.
May have a small pull back in the last 10 days of August - cycles
-- Fundamentals --
Fiscal and Monetary policies are pushing asset prices higher, expect this to continue well into 2022 and pushed high with US elections and pork-barrelling.
Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<----
*Not financial advice and is for educational purposes only. Always DYOR.
I am preparing this primarily for BTC HODLers and Traders.
-- Technical --
Very large rising wedge and markets are overextended on valuations.
May have a small pull back in the last 10 days of August - cycles
-- Fundamentals --
Fiscal and Monetary policies are pushing asset prices higher, expect this to continue well into 2022 and pushed high with US elections and pork-barrelling.
Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<----
*Not financial advice and is for educational purposes only. Always DYOR.
