Looking to A/D indicator, there is now a higher chance that BTC goes up, then the probability to go down.
Since my analysis of SP500 suggested short market rally, BTC tends to follow the market behaviour and goes in the same direction in the case of bull run.
MY SP500 analysis suggested 4100 level as an average for the next coming months, BTC following this analysis will go beyond the resistance level of 25k.
Please note that the market sentiment is still bearish for the long term, which means higher QT will be in horizon, may be the FED will use QE for short while, may be this will help the market, but it will break the CPI chain again.
*This is not a financial advice, trade with your own risk
Since my analysis of SP500 suggested short market rally, BTC tends to follow the market behaviour and goes in the same direction in the case of bull run.
MY SP500 analysis suggested 4100 level as an average for the next coming months, BTC following this analysis will go beyond the resistance level of 25k.
Please note that the market sentiment is still bearish for the long term, which means higher QT will be in horizon, may be the FED will use QE for short while, may be this will help the market, but it will break the CPI chain again.
*This is not a financial advice, trade with your own risk