Short

BTCUSD Bearish

BTCUSD bearish
Analysis from the aspect of information
Billionaire investor Michael Novogratz, head of Investing.com-Galaxy Digital Holdings, said recently that with the Federal Reserve’s announcement of interest rate hikes, Bitcoin will continue to fluctuate within a range this year without much rise.
In an interview with the media, Michael Novogratz pointed out, "I don't think Bitcoin will rise quickly unless we hit the pause button on rate hikes."
Earlier, he had predicted that Bitcoin would fluctuate between $30,000 and $50,000 in 2022.
technical analysis
The candlestick pattern has now touched a descending channel
Divergence indicator is trending down
KDJ indicator is about to die

ElspethDupont

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