boundless_lord

boundless_lord Updated 

Financial markets plummeting and macroeconomics hit with a torrent of shocking news what does this mean for Bitcoin and cryptocurrencies? Before jumping into Bitcoins (BTC) price analysis it is important to understand the top reasons why markets are falling at an accelerated rate. Inflation throughout the world is at record highs with inflation in United...

boundless_lord

Next level of support which needs to hold is 0.236 Fibonacci around $19000 to prevent further downside. Read idea linked at bottom for in-depth price review. Legendary Investment Trader, Cryptocurrency & Web3 Master Boundless Lord

boundless_lord

BTC bounces from 0.618 Fibonacci level and continues consolidating between the 0.5 and 0.618 levels for the last 5 weeks. Following my prediction 2 weeks ago that Bitcoin has potentially reached its bottom we are seeing the second green weekly candle in 11 weeks after BTC made history with its 9 week decline since 21 March 2022. Bitcoins global technical...

boundless_lord

With Bitcoin (BTC) making history and declining 9 weeks in a row what does this mean for digital golds future? My prediction is the bottom is in and we will see Bitcoins price stabilise from here on before the next bull run. Looking at my technical analysis the following key indicators and metrics tell me the worst maybe behind us and Bitcoin has found its...