Yesterday's dollar news, CB Consumer Confidence and JOLTS Job Openings, stirred up some action. Dollar's shorter-term structure got a bit bearish, and our buddy Bitcoin against USD? Well, it's painting a bullish distribution vibe on the weekly lower range.
Here's the scoop: we at Global Chart Surfers are just sitting tight, waiting for that bullback signal. Once that shows up, we're aiming our sights at that sweet spot around 29k for BTC. And get this, it's shaping up to be a pretty exciting scenario for Bitcoin. 🚀📈
But hang on, there's more. Keep those peepers on Dollar, 'cause we're chilling in supply zone territory. We're crossing our fingers it doesn't break out. If it does, well, let's just say the dominoes might start falling and correlations might hit the skids, leading us to lower prices. 📉 So stay sharp, stay cool, and let's ride these waves like the pros we are! 🌊🏄♂️🚀
Here's the scoop: we at Global Chart Surfers are just sitting tight, waiting for that bullback signal. Once that shows up, we're aiming our sights at that sweet spot around 29k for BTC. And get this, it's shaping up to be a pretty exciting scenario for Bitcoin. 🚀📈
But hang on, there's more. Keep those peepers on Dollar, 'cause we're chilling in supply zone territory. We're crossing our fingers it doesn't break out. If it does, well, let's just say the dominoes might start falling and correlations might hit the skids, leading us to lower prices. 📉 So stay sharp, stay cool, and let's ride these waves like the pros we are! 🌊🏄♂️🚀
Daniel P. Fadejev