PRO_Indicators

CryptoMarket Update (#19) : TrendFollowing Opportunity ?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hope this idea will inspire some of you !
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Phil
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Comments

@PRO_Indicators - Phil, I agree with your take. What I would like to hear is your take on BTC and it's correlation with DJI, S&P, NDAQ and BTC's inverse relationship with the U.S. Dollar. As you might know, the Fed is on the hot seat to save the dollar. with their tentative expectation to meet in mid-June, I am expecting a half-hearted charade to project the appearance of action against inflationary pressures. I am predicting they raise interest rates by 25 basis points. Though small and hardly significant, I believe this may be the trigger which pushes the markets even lower and along with them, Bitcoin. What are your thoughts on this?
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Detailed technical analysis. Interesting views on the market. Thx for sharing them!
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nice, thank you
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Thx for your detailed and clear analysis again, best of luck to you Sir
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Thank you again!

really appreciate your objectiviness,honesty and sharing your Knowledge!

Respect
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