Bitcoin / TetherUS
Short

Not convinced the bottom is in

My Title says it all! I’m 99% not convinced the bottom is in and this is a fake breakout. I am personally expecting a V-shape bottom which I haven’t seen. Clearly we see BTC has broke out of the long-term falling wedge but with no power. It’s producing a rising wedge on the daily chart with 3 possible targets to actually call the bottom. Also, FeDS raising rates, war, economy, etc. i don’t consider this the bottom at all.

No financial advice :)

Clause de non-responsabilité