Same thing for bitcoin .. I like around 500 area for a buy as a long term. Again the bear flag formation then a breakout.
Recession & inflation gone worse from the weigh pressure of high rates.
500 area long term to over 7000, even so price will go higher.
We be seeing 6000 but possible to go a lot higher. Same thing if your a day trader hold that sell profit if...
Bear flag created and more drops, my analysis had been created of more drop , more breakouts.
Experts still expecting to down lower down to 10K so the price will pressure up to go higher. Even so the White House warned about the inflation are going highly elevated , inflation and recession are going a lot worse.
This is when to buy ..
10K area anywhere around...