#Bitcoin has been sitting for a while at very good buying zones.
Great Opportunities when it comes to long term perspective, considering Bitcoin as an asset of your portfolio to own.
2022 was a Year of Drastic Bearish Price Action for Financial Markets and Cryptocurrencies,
wiping out all gains made since 2020's Covid-19 pandemic health crisis,
in which Interest Rates were put to 0% from Federal Reserve
2022 was a Turmoil for Financial Markets with Feds Rate Hikes strengthening the Dollar $DXY to curb down Inflation.
And so was for cryptocurrencies, a Turmoil,
with rug-pulls the likes $LUNA , FTT and FTX
Is 2023 about to turn around the cards for Financial Markets and Crypto?
A Green Start is definitely enthusiastic to say the least, with Inflation falling down and a weakening Dollar .
Moreover, layovers of employees has taken place throughout 2022 and it's number statistics are not looking as good for Feds, signaling a US Recession & Global one in 2023-2024
Despite the recent mega pump to 21.000$ for #bitcoin coming after a month accumulation zone and turmoils, it's short term may look positive, but it's not.
And still, for some, 21K from here is still a considerable cheap buying accumulation for Bitcoin for those who see it prosper as an asset in the future.
While some may validate their hypothesis for the low being printed for $BTC, some are not yet convinced with this idea when it comes to a Macro picture with on how 2023 will play out for Macro.
To me, 2022 and 2023 will be remembered as a trader's market on the upcoming future, with 2023-2024 bringing the best once in a life time prices as buying opportunities, maybe even better than the previous one of Pandemic.
There are so many different ways to look at the markets,
one can only wonder and strategize according to their short and long term capital and future's goals.
TRADE SAFE
Note that this is not FInancial Advice
Please do your own research before partaking on any trading activities based upon this idea.
Great Opportunities when it comes to long term perspective, considering Bitcoin as an asset of your portfolio to own.
2022 was a Year of Drastic Bearish Price Action for Financial Markets and Cryptocurrencies,
wiping out all gains made since 2020's Covid-19 pandemic health crisis,
in which Interest Rates were put to 0% from Federal Reserve
2022 was a Turmoil for Financial Markets with Feds Rate Hikes strengthening the Dollar $DXY to curb down Inflation.
And so was for cryptocurrencies, a Turmoil,
with rug-pulls the likes $LUNA , FTT and FTX
Is 2023 about to turn around the cards for Financial Markets and Crypto?
A Green Start is definitely enthusiastic to say the least, with Inflation falling down and a weakening Dollar .
Moreover, layovers of employees has taken place throughout 2022 and it's number statistics are not looking as good for Feds, signaling a US Recession & Global one in 2023-2024
Despite the recent mega pump to 21.000$ for #bitcoin coming after a month accumulation zone and turmoils, it's short term may look positive, but it's not.
And still, for some, 21K from here is still a considerable cheap buying accumulation for Bitcoin for those who see it prosper as an asset in the future.
While some may validate their hypothesis for the low being printed for $BTC, some are not yet convinced with this idea when it comes to a Macro picture with on how 2023 will play out for Macro.
To me, 2022 and 2023 will be remembered as a trader's market on the upcoming future, with 2023-2024 bringing the best once in a life time prices as buying opportunities, maybe even better than the previous one of Pandemic.
There are so many different ways to look at the markets,
one can only wonder and strategize according to their short and long term capital and future's goals.
TRADE SAFE
Note that this is not FInancial Advice
Please do your own research before partaking on any trading activities based upon this idea.
Comment:
Comment:
$BTC *W
Different outlooks with Well Weighted and Adjusted Risk
TRADE SAFE
$BTC *W
Different outlooks with Well Weighted and Adjusted Risk
TRADE SAFE
Comment:
29K-30K a strong Resistance area for #Bitcoin
$BTC Bulls must show up with volume and break this barrier to be headed for more upside.
More #Bitcoin being available as demand due to US selling confiscated #bitcoins from SILK ROAD CASE.
Will these more available demand push the prices lower ?
29K-30K a strong Resistance area for #Bitcoin
$BTC Bulls must show up with volume and break this barrier to be headed for more upside.
More #Bitcoin being available as demand due to US selling confiscated #bitcoins from SILK ROAD CASE.
Will these more available demand push the prices lower ?
Trade active:
Trade active:
Third touch of Resistance Trendline ?
A break out of that with considerable volume would make me think twice closing position and break even
Third touch of Resistance Trendline ?
A break out of that with considerable volume would make me think twice closing position and break even
