vladimir00505

What I think about it

vladimir00505 Updated   
BITMEX:XBT   Bitcoin
The dependence of the price movement on the situation on the world stock markets is traced, where the first news on the agenda now is the conflict in Ukraine and the second is the Fed's actions to stabilize the economy and fight inflation.
So I believe that large investors consider BTC as a highly profitable asset-shelter from inflationary risks, but in a situation where there is some certainty regarding the fate of the main stock indices, otherwise they choose traditional protective instruments (government bonds, gold, etc.)
I expect an increase in the value of BTC after the view of market participants is directed from foreign policy conflicts to stock markets, macroeconomic indicators and the general state of the economy, because it is at this moment that investors will look for opportunities not only to save but also to multiply their capital, i.e. the yield should exceed the current inflation, which is expected to be at maximum levels this year.

Well time will tell if i'm right or not
Comment:
if the conflict with Ukraine passes the aggravation around Kyiv and goes to the stage of concluding peace agreements, then the march down will be canceled, I think
Comment:
blue arrow - attempt to grab volumes in range
Comment:
Everything goes according to plan, but somehow without enthusiasm
Trade closed: target reached:
the idea has been fully reached.
now we have a "head and shoulders" pattern with the target at $12'000-14'000
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