BitcoinLong
Slight hidden bullish on BTC weekly
We have a higher low, with lower lows on the MFI and MACD on a weekly. Optimistic.
On the downside, we're below the trendline. This could create a sell-off. Also, I feel like the daily chart is less optimistic.
US inflation is at a 40 year high of 7.5%. No telling if this means we'll crash upward or downward. Ideally, bitcoin is treated as deflationary and prices soar to 150k. I wouldn't bet my house on it yet unless you have 2 houses. There's still a chance we crash to 30k or even 10k. I don't see us going to 4 digits anytime again soon though.
On the downside, we're below the trendline. This could create a sell-off. Also, I feel like the daily chart is less optimistic.
US inflation is at a 40 year high of 7.5%. No telling if this means we'll crash upward or downward. Ideally, bitcoin is treated as deflationary and prices soar to 150k. I wouldn't bet my house on it yet unless you have 2 houses. There's still a chance we crash to 30k or even 10k. I don't see us going to 4 digits anytime again soon though.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.