buster84

BTC looks to finally have bottomed thanks to decreased inflation

Long
buster84 Updated   
BINANCE:BTCUSD   Bitcoin
BTC bottomed just like before. It broke lower to where you thought it was going to tank hard, but recovered. Its playing out now.

Now is the best time to long as long as DXY continues to tank and the fed stays on its course to piviot. Market and BTC rallied good today from this news alone. We also just entered the disbelief cycle on the wall street cheat sheet.
Comment:
We are now in the dip of the disbelief rally. Soon we will moon to new all time highs in 2024. 100k 2025, maybe. We'll see.
Comment:
Hope rally is what we call it for the bulls and the disbelif rally for bears. We are exiting both soon and will soon be mooning into the optimism rally. We might get a small dip here and there, but the long haul is still far from over. ETF news can pump it even more and create more bear traps. Trade safe and be careful.
Comment:
Here is my new btc mid-cycle prediction.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.