Bitcoin shows multiple confluences - both technical and fundamental - for playing out this idea here.
Watch for some extreme movement in the immediate future as it corresponds with the DXY chart.
This move would set up a bullish inverted head and shoulders structure that justifies a drop to a very key level - 14,600 to 15,000 - full recovery of these zones while simultaneously creating a justification despite bullish sentiments.
Watch for some extreme movement in the immediate future as it corresponds with the DXY chart.
This move would set up a bullish inverted head and shoulders structure that justifies a drop to a very key level - 14,600 to 15,000 - full recovery of these zones while simultaneously creating a justification despite bullish sentiments.