“Come September, the Fed will be cutting $95B per month from its holdings.”
Red line: EMA 55 @ 20k.
After this dip, we will consolidate in the 28k range until tightening takes full effect on financial markets in Sept/Oct. Subsequently, Bitcoin will fail resistance at 10k and settle in the 5-7k range this fall.
XRP/SWIFT migration to begin Nov ‘22.
Out with the old, in with the new.✨
Red line: EMA 55 @ 20k.
After this dip, we will consolidate in the 28k range until tightening takes full effect on financial markets in Sept/Oct. Subsequently, Bitcoin will fail resistance at 10k and settle in the 5-7k range this fall.
XRP/SWIFT migration to begin Nov ‘22.
Out with the old, in with the new.✨