Our #Bitcoin/Crypto Game Plan for January - This Indicator Signals a BTC Rebound
👇1-12) The crypto trading environment remains mixed following the December FOMC meeting and the subsequent holiday season. However, opportunities for returns persist in specific areas. For instance, our recommendation on DeepBook (see report from December 17) has delivered an impressive +56% gain in a short period, even as Bitcoin consolidates. Rather than a continuous rally, Bitcoin appears to be navigating a tactical trading range, presenting opportunities for strategic positioning rather than a straightforward bullish trend.
👇2-12) While some initial enthusiasm is expected at the start of the New Year, this is not the time for the same level of bullishness we experienced from late January to March 2024 or late September to mid-December. We anticipate a positive start to the year, followed by a slight pullback leading into the CPI data release on January 15. A favorable inflation print could reignite optimism, fueling a rally into the Trump inauguration on January 20. However, this momentum may wane, with the market likely retreating somewhat ahead of the FOMC meeting on January 29.
👇3-12) Full report: https://mail.10xresearch.co/p/our-bitcoin-crypto-game-plan-for-january-this-indicator-signals-a-btc-rebound
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