‼️Quick $BTC Analysis ‼️
Well things are going as I explained earlier,
As expected and mentioned yesterday we saw a CPI-driven increased volatility with a failed breakout attempt. BTC is now back below the 58k level.
Outlook stays the same.
Short-term: 5%-12% downside (invalidation: weekly close above $58,000)
Mid-term (EOY): $100,000
We need to keep focus on sentiments in longer perspective, we are bull market which means everything will get better eventually, instead of sitting calm and relying on idealistic approach which doesn’t exist, try to grab spot holdings where you find it. Dyor
