All relief rallies are what they are...relief rallies. Investors are absolutely exhausted and looking to take profits whenever possible. Looking for a bottom in the 2900 - 3400 range in Q4/Q1 2022/2023 with chop into 2024
BTC has strong support in the 7K-10K range. Macro conditions being what they are & BTC's correlation to SPX (targeting 3200 there), max pain is ahead. Shocked if not seeing 13K once. 13K holds, expect chop till the 2024 halving. 13K breaks... see you at 7K. VERY bullish long term but now is not a good time to enter!
