BTC still struggles to create resistance. there is no divergence indicator showing a bottom yet. if the candle closes above it might be an indication of a bottom being created. if the candle closes below. well... will see what happens in the morning.
The CPI announced a 7% inflation rate. with gradual increases to interest rates denying what congress wanted.
this "Bull run" is BS. Inflation is higher than ever, and regardless interest rates are going up and only going to continue to go up. the federal reserve is preparing to sell off bonds. the Dollar dropping and the DJI seems to be peaking struggling to...
***This is not financial advice***
After a leg up reaching a new HH we are looking for a bounce up to break 4H 50 EMA. which could indicate the beginning of an uptrend.
However, do your research and notice the DJI VIX and the DXY.
The DJI is struggling to regain the initial HH.
The Dollar is reaching an oversold on the RSi which could indicate the beginning of...
