ElDiablo0604

BTC on the path to retest 50-55k resistance zone

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Haha what a laugh we had today with J powell (FOMC) meeting announcing that the FED is going to raise rates of 0.25% lol what a great actor he is!
Let's be clear your gov has absolutely no intention of fighting inflationation at all! it won't stop until they have completely destroyed the middle class and buy it all!!
Any major chaos is being use as cover to inflate, raise energy, gas and print more money for all theirs friends, bankers, gaz and military companies but not YOU!
They do not care about you and you must understand the game and protect yourself against hyperinflation and the biggest crisis we are going to face!

I knew the market will react positively and i wasn't worry about the FOMOC meeting of today and i mentionned several times in the past weeks that btc was definitely in an area of interest where price has historically always react in a positive way.
I also mentionned that this was no area for short but place where you should be looking for long!

In my hubble opinion i truly believe that we are seeing a pattern reversal confirmation since btc broke that descending resistance trendline we were rejecting since November 2021
Now btc forming a higher low on a higher timeframe, see my weekly chart above ( confirmation that we reverse that bearish trend).
I am now waiting btc to clear this 45k resistance to rise to the next Resistance zone 50-55K.

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