Bullish breakout next! - just had the shakeout/BUEC - now were back into the creek for the second time when we usually see a brake out to the upside!
breaking out would be a sign of strength (SOS) bears will flip bulls! - should create large buying volume, as we speculate on completing Fibbonacci extension level's.
*market's dont look posed for a break today, maybe the chart's know something we don't.
CPI is due 12th of july - maybe this could pump the price if CPI is better than expected.
*anymore rumours of BTC ETF could trigger a rally.
*BTC is due a breakout of this range, been a long difficult bear market with all the crypto contagion - record breaking rate hike's and everything else that came with it!
I believe the FED will pause again next meeting or a small hike. rate's have ajusted to these market conditions i dont think it will be much of a problem. Fed fear is more powerful than the hike's it self.
*likely change when inflation begins to rise again - this would a signal for another aggressive cycle from the fed!
breaking out would be a sign of strength (SOS) bears will flip bulls! - should create large buying volume, as we speculate on completing Fibbonacci extension level's.
*market's dont look posed for a break today, maybe the chart's know something we don't.
CPI is due 12th of july - maybe this could pump the price if CPI is better than expected.
*anymore rumours of BTC ETF could trigger a rally.
*BTC is due a breakout of this range, been a long difficult bear market with all the crypto contagion - record breaking rate hike's and everything else that came with it!
I believe the FED will pause again next meeting or a small hike. rate's have ajusted to these market conditions i dont think it will be much of a problem. Fed fear is more powerful than the hike's it self.
*likely change when inflation begins to rise again - this would a signal for another aggressive cycle from the fed!
