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Bitcoin won't find support until is breaches $10k
The great unwinding of excesses after the COVID crisis continues. Bitcoin will not attempt to find support until it reaches 10k or lower.
The US/Global markets may continue to trend lower as well as Q2:2022 earnings/revisions are likely to SHOCK trader's expectations.
Now is not the time to be buying anything (IMO). Smart traders understand the risks related to Q2 earnings/revisions and will wait out the revaluation event.
July 26/27 looks to be the end of a major price cycle. I suspect we'll see a bottom sometime near then.
Stay cautious and follow my research.
The US/Global markets may continue to trend lower as well as Q2:2022 earnings/revisions are likely to SHOCK trader's expectations.
Now is not the time to be buying anything (IMO). Smart traders understand the risks related to Q2 earnings/revisions and will wait out the revaluation event.
July 26/27 looks to be the end of a major price cycle. I suspect we'll see a bottom sometime near then.
Stay cautious and follow my research.
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Get More Great Research & Tools
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.Com Expert Growth Today
Get Some.
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.Com Expert Growth Today
Get Some.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.