Drops $10k every Fed meeting lol. So probably breaks below $20k over the weekend but rebounds back and drifts sideways until the next Fed meeting.
Idiots were told to wait until after the Fed to buy so a bunch of them did. Didn't bother to read what Powell said, .5 or .75 in July.
The time to buy this garbage is when the Fed stops raising rates. The first meeting where Powell says no increase next meeting this will probably double from wherever it happens to be. Now that could be $10k or $5k, doesn't really matter. Stop looking at price levels and just base timing on the Fed.
Idiots were told to wait until after the Fed to buy so a bunch of them did. Didn't bother to read what Powell said, .5 or .75 in July.
The time to buy this garbage is when the Fed stops raising rates. The first meeting where Powell says no increase next meeting this will probably double from wherever it happens to be. Now that could be $10k or $5k, doesn't really matter. Stop looking at price levels and just base timing on the Fed.
Nota
And there's the dip below $20k, my overlay predicts it heads back up to $20k, but NOT WORTH THE RISK!10% possible reward with 33%+ downside potential is dumb. Don't touch this until the next Fed meeting. Listen to what Powell says then make a decision, don;t just buy like the idiots did this meeting.
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Even the biggest pumptard in the world won;t touch BTCinvesting.com/news/cryptocurrency-news/jim-cramer-bitcoin-will-dump-to-12000-its-prefiasco-level-2838536
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I predict it just bounces sideways between 17.5 and 22.5k for the next month. We'll see what happensNota
So far my prediction is more or less correct. I think BTC will make a move when June CPI numbers are released then the Fed meeting.
Really no point in playing the whipsaw until then. Gotta love seeing all these stupid charts with random arrows pointing to infinity,.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.