1. Technical Analysis"
-Technical analysis is a risk management tool not a prediction tool.
-Bitcoin still unable to break the current resistance zone.
2. Fundamental Analysis:
- Market reacted to CPI report yoy 7.9% (There was a CPI pump fake out & then a fall to the current price).
-Market seems to be awaiting the progressive interest rate hikes beginning March 16.
-Russia & Ukraine current state is having a -ve effect on the global market.
-Technical analysis is a risk management tool not a prediction tool.
-Bitcoin still unable to break the current resistance zone.
2. Fundamental Analysis:
- Market reacted to CPI report yoy 7.9% (There was a CPI pump fake out & then a fall to the current price).
-Market seems to be awaiting the progressive interest rate hikes beginning March 16.
-Russia & Ukraine current state is having a -ve effect on the global market.
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.
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.