IkanBilisCapital

Is this BTC rally for real?

COINBASE:BTCUSD   Bitcoin
I don't think the macro environment is crystal clear for the markets. While jobs reports turned out well, noone knows what the rate hikes will do the macros. If the fed screws it up and have to reverse their policies, expect a selloff to 20K, they turn on the printing press and we go to 200K. Otherwise, we can expect a slow grind to 100K from here.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.