


cafar1
This rising wedge of relief rally is very much happening, All market movers (Fed, gov, banks & exchanges) will push for increases in assets for insiders to sell off. Micro ( 1 month ) go long Macro ( 3 month+) go short Inflation needs to be addressed, money printing and spending approaching big lows same old sh!t, just new school assets playing their part...
markets still ticking greedy but slowly pulling back since the beginning of 2023. Fed Rate hike (FUD) in May already priced in weeks ago (look at the rate hike date in March = sideways trading for BTC) IMO 32k looks like the next level retesting the strength of BTC, I think it will get rejected and be the beginning of this years bear market. Dumb money and bulls...
indicators are showing a possible repeat. Yellow lines show the support, be mindful if it breaks past those.