(2) At this fall, we already have peak volumes over the past few years. What could indicate the culmination similar to culmination during COVID
Before this fall, the price very beautifully gave hope for growth, having managed to go even above 100 MA by making a false breakout.
Before this fall, the price very beautifully gave hope for growth, having managed to go even above 100 MA by making a false breakout.
(3) Since the accumulation before the fall was long, we doubt that we will stop at $15 600, so we allow the scenario of a fall to $14k and even $12k with the support of negative news about the scam or hacks of other large projects / exchanges.
(4) The macroeconomic background in the world now looks good, we mean the Dollar Index and S&P 500 and Nasdaq index.
The Dollar Index went into a strong correction, that we have not seen over the past year. At the same time, Nasdaq Index and S&P 500 are showing growth.
The Dollar Index went into a strong correction, that we have not seen over the past year. At the same time, Nasdaq Index and S&P 500 are showing growth.
(5) Lately, we had a very strong correlation with the cryptocurrency market and the stock market, but now it has disappeared due to the fall.
But we do not think that Bitcoin will be able to fall for a long time if the dollar continues to fall.
But we do not think that Bitcoin will be able to fall for a long time if the dollar continues to fall.
(6) Considering that the dollar growth trend was quite long, as well as the Bitcoin fall trend.
Perhaps we are somewhere close to the denouement, where the bottom of Bitcoin coincides with the peak on the dollar chart as it was before.
Perhaps we are somewhere close to the denouement, where the bottom of Bitcoin coincides with the peak on the dollar chart as it was before.
(add) We also admit that we may not see the price of $14k, so we will look at the situation.