BTC topped for the time being as key reversal pattern rising wedge is broken to the downside.
I expect deep pullback to the next support around 40K and could be towards 20K major support based on the price aciton at 40k levels.
Time for cryptos to bleed red.
While all the talk in the town is against USD, My view is for stronger USD at least to the next target 94 ish mark, if not more.
Trade is invalidated on a daily close below 88
Weekly RSI divergence also supports the idea
I expect the major trend continuation, If trend is broken it could fall to 0.82 quickly.
Either ways massive move expected.
It has got more upside due to fiscal firepower left with European countries than US
Vix is getting ready to climb. Be fearful when others are greedy, I mean extremely greedy.
It might take few months to realise profits but patience is the key.
Downside can only be around 9 to 12 range but the upside is exponential.