The entire market is extremely bearish from pricing in the expected rate hikes from the Fed. I believe this is an overeaction that leads to a short squeeze, FOMO, and one final leg up that really makes the coming crash that much worse.
I'm also using Elliott Wave analysis to compare BTC with the S&P500 and provide details as to why I believe there's still room left in this bull market.
Oh nooo rate hikes Oh nooo THATS BUBBLE Bubble would end in heaven not yet now Melt up is coming soon
PriceUPPer
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Rate hikes panic . That's funny Before pandemic crash index was on 3500, level THEN DROP to 2200 And going up to 4820 Rate hikes before corona were on normal level And what ? Index grew up 1100points in one year. Now im 2 years grew up 1300 . I agree with u Bulls have place to 5500-6000 level
Bubble would end in heaven not yet now
Melt up is coming soon