ew-forecast

Bitcoin Stops at resistance as USD Turns Higher For Correction

BITSTAMP:BTCUSD   Bitcoin
Cryptocurrencies slowed down recently as USD index turns higher for a correction because of inflation concerns. We see USD index in a temporary recovery, means that at some point we will expect more weakness as we think that major top for the dollar has been put in place in 2022. However, there cna be some short-term pullbacks on BTCUSD and DASH as I will look in this video, but think there will be long opportunities on dips.

Have a nice weekend.

Grega

Elliott Wave Service
👉 www.wavetraders.com
👉 Newsletter Sign up: bit.ly/3FVPVzO
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.