Monthly MACD: A Flawless Indicator for BTCUSDMonthly MACD momentum shifts are very, very good at helping us find local tops and bottoms for BTCUSD. Despite all the bearishness, we may actually be in for a short-term rally over the next month. Who's willing to bet that even a GROWING CPI would not stop this momentum shift? I almost feel as though the CPI is a bit of a red herring. I'm excited to see what happens, though.
There are several events on the horizon:
>The ETH 2.0 Merge (no sharding yet! sad...)
>The BTC Halving in 2024
>The CPI print tomorrow
>Ukraine fighting back Russia (will they successfully push them back?)
>European energy crisis (some nations are prepared, others are seemingly doomed for the Winter)
>BTC ETF is always a possibility, especially as time goes on
>China/Taiwan tensions
>China Real Estate collapse
>US Real Estate potential bubble popping
>DXY topping out
Very very interesting times, despite the pain I feel in my wallet!