Macro Bear Market JUST beginning??
BTC is in a very dangerous spot right now, people aren't losing their jobs fast enough (unemployment at 3.5%!!) and Netflix keep on raising subscription prices in Ukraine (war!!!)
The FED might have to issue more hikes all the way to 2024, mid terms are also coming which is historically bearish for extreme risk assets (BTC??!!)
TA wise, BTC is forming an extremely BEARISH descending triangle (explosive move?,!!) which could see 3k target in no time
Trade wisely and close any longs, cut your losses if required as this will get MUCH much worse
Macro-economical factors seem to be pointing to a structural bear market could take up to 111 months for full recovery (according to Goldman Sachs)
Please share this idea as I will be providing more tips on how to navigate a full blown financial collapse!!
CAREFUL
The FED might have to issue more hikes all the way to 2024, mid terms are also coming which is historically bearish for extreme risk assets (BTC??!!)
TA wise, BTC is forming an extremely BEARISH descending triangle (explosive move?,!!) which could see 3k target in no time
Trade wisely and close any longs, cut your losses if required as this will get MUCH much worse
Macro-economical factors seem to be pointing to a structural bear market could take up to 111 months for full recovery (according to Goldman Sachs)
Please share this idea as I will be providing more tips on how to navigate a full blown financial collapse!!
CAREFUL