We have two gaps. The first is in the range of 18900 and the second is in the range of 9800. Depending on the market situation, there is a possibility that sales due to fear will see these ranges.
But it is possible that the price will fluctuate a little in this range and move upwards to fill the high gaps.
rsi is at the bottom in daily and weekly time, and...
The dominance index is going up
Interest rates are also rising
On the other hand, the Federal Reserve raises interest rates to reduce liquidity so that people are scared and take their money out of the market.
In this case, the dollar index should increase and banks will become stronger.In addition, we have a gap of $ 24,000 and $ 18,000 in the Bitcoin CME...
Bitcoin alone has no power and is a function of sp 500 and dxy index. Whenever (like now) sp 500 falls, bitcoin also falls and when it rises, bitcoin also rises.
We are currently in the worst market situation since 2002.
Because the dxy chart crossed the 103 resistance in 2002. If this trend continues, things will get much worse.
But given that Bitcoin is in the...
Usually when the fear and greed index reaches its lowest point, the market rises. But the most important point is the gap in the bitcoin cme chart that should be taken seriously.
We have 19 thousand and 24 thousand empty gaps that need to be filled.
According to the pattern that the chart has formed, there is a possibility of climbing to the range of $ 41,000, but...
Given the chart, which has hit the 1.28 Fibonacci level, it is likely that we will correct the $ 2.8 range. If the correction is not made, the chart could rise to the 1.68 Fibonacci level, which is the $ 3.8 range.
dent is in a very good position compared to Ethereum and Bitcoin and also to Tether. If the current support is maintained, we will have the following goals.