Gold will break out and BTC will follow
The situation in Ukraine and Russia will lead to the fact that capital will finally start to be londed in BTC. This is due to many factors such as lunging and looking for a safe place for the cash register.
POnadtwo, consolidation on crypto has been going on for so long that the indicators have cooled down significantly and are in places where a reversal of the downward trend can be expected. See this especially on the MACD and RSI.
In addition, the PI to BTC chart indicates that we are undervalued on the btc and this is a good time to buy.
POnadtwo, consolidation on crypto has been going on for so long that the indicators have cooled down significantly and are in places where a reversal of the downward trend can be expected. See this especially on the MACD and RSI.
In addition, the PI to BTC chart indicates that we are undervalued on the btc and this is a good time to buy.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.