TECNICAL ANALYSIS
There is a possibility that the price will hit the 48k level hard.
The rise may continue this week because last week's price close was very positive.
An other senario; price can move to 65k with 5-EW
MACROECONOMY
Last week, US data was good on employment and unemployment.
The market has an overly optimistic interest rate cut expectation.
There is an inflation and interest rate decision on the US side next week.
I don't even want to think about what will happen as a result of high inflation data.
The era of monetary expansion is over.
Therefore, 100-200k targets are unlikely.
WEEKLY
There is a possibility that the price will hit the 48k level hard.
The rise may continue this week because last week's price close was very positive.
An other senario; price can move to 65k with 5-EW
MACROECONOMY
Last week, US data was good on employment and unemployment.
The market has an overly optimistic interest rate cut expectation.
There is an inflation and interest rate decision on the US side next week.
I don't even want to think about what will happen as a result of high inflation data.
The era of monetary expansion is over.
Therefore, 100-200k targets are unlikely.
WEEKLY
