Bitcoin Marco Idea going into Halving Event (Apr 2024)
Tl;dr:
- Bearish Q2 & Q3 2023 (rejected from 50 and 200 weekly MAs, with death cross first time in BTC history)
- Fed likely eases stance around late Q3 2023 (disinflation)
- Strong Bull rally into the halving ($75-95k) April 2024
- Sell the halving news (strong sell off) --> Bearish Q3, Q4 2024
- What's next in 2025? depends on the macro environment then (the Fed, yield rates, employment data, etc)
Yours truly,
Leb Crypto
- Bearish Q2 & Q3 2023 (rejected from 50 and 200 weekly MAs, with death cross first time in BTC history)
- Fed likely eases stance around late Q3 2023 (disinflation)
- Strong Bull rally into the halving ($75-95k) April 2024
- Sell the halving news (strong sell off) --> Bearish Q3, Q4 2024
- What's next in 2025? depends on the macro environment then (the Fed, yield rates, employment data, etc)
Yours truly,
Leb Crypto
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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.