I don't share ideas too frequently lately due to other obligations.
However, I wanted to share with you a long-term vision.
There is so much to share.
1. we already broke MA 200
2. Next support with a good bounce of at least $1k is when we touch MA300
3. If we break MA300 next stop is MA400, you can long there as well.
4. There is strong support for the past 4 years and that is located around $6500 in case we break below $13,300
5. Think about the market as a whole, DXY (dollar) keeps climbing and that's what government cares about positioning the dollar above other currencies.
6. We added more Trillions of dollars in deficit to the economy thanks to government programs and that solution in the middle of inflation will be catastrophic we just have to wait.
7. There is an election coming and until then they will keep the prices of gas low artificially, real estate is in a bubble. Everything breaks after elections, the government just wants to keep seats in the House, after that they will let the rope go and everything will fall.
8. Starting January next year the market will suffer the consequences of all economical bad decisions made so far by the government and inflation will climb, gas will go to $8 in NY and Texas.
9. DOW JONES will drop the same as Nasdaq based on all the information above.
So, if the timing is right, BTC will bottom in the middle of June 2023 or before the end of 2023. According to historical data BTC might go back to $65k around May 2028.
Be patient.
Is very sad people were so pumped to call BTC to $100k, and they never believed btc will go this low. You live you learn says the quote.
Even now people don't think we'll go to $15k or $even $11k... well the truth is, we are going to $6,400.
These are just my ideas.
BTCUSD
However, I wanted to share with you a long-term vision.
There is so much to share.
1. we already broke MA 200
2. Next support with a good bounce of at least $1k is when we touch MA300
3. If we break MA300 next stop is MA400, you can long there as well.
4. There is strong support for the past 4 years and that is located around $6500 in case we break below $13,300
5. Think about the market as a whole, DXY (dollar) keeps climbing and that's what government cares about positioning the dollar above other currencies.
6. We added more Trillions of dollars in deficit to the economy thanks to government programs and that solution in the middle of inflation will be catastrophic we just have to wait.
7. There is an election coming and until then they will keep the prices of gas low artificially, real estate is in a bubble. Everything breaks after elections, the government just wants to keep seats in the House, after that they will let the rope go and everything will fall.
8. Starting January next year the market will suffer the consequences of all economical bad decisions made so far by the government and inflation will climb, gas will go to $8 in NY and Texas.
9. DOW JONES will drop the same as Nasdaq based on all the information above.
So, if the timing is right, BTC will bottom in the middle of June 2023 or before the end of 2023. According to historical data BTC might go back to $65k around May 2028.
Be patient.
Is very sad people were so pumped to call BTC to $100k, and they never believed btc will go this low. You live you learn says the quote.
Even now people don't think we'll go to $15k or $even $11k... well the truth is, we are going to $6,400.
These are just my ideas.
BTCUSD