I believe we will be going to 3300 this next week and then back down to get support at 3050 then back up to 3500 or 3600 and then a bit of a bear market pattern right now, I'm just not trusting the inflation rates with the cost of living going up and war going on. This is a set up for a world wide great depression. Demand for everything is up and supply is way down, Even lithium, Gold, Silver all low supply's, Foods, and manufacturing supply's. with the world support for Ukraine resources are over extended, Prices keep going up. Oil will sky rocket because emergency reserves like in the US 10 year supply is being fed to the market to lower gas prices, but in fact just caused an even grater supply demand as the 10 year supply must be replenished making oil demand bigger than it was if they just left it alone. We will see a slight rise and then markts drop over the summer. We all have to watch ETH2 come out in about September now to see what a No gas fee ETH will do to the market, I bet it starts it's move to outperform BTC 2x more than it is already and by 2026 takes it over becoming #1. Seat belts and antianxiety meds needed LOL. Good Luck to you all and remember Nothing I say or post is advice in any way and never invest or trade more than you can afford to lose.
Comment:
Correction on dates 3525 , May 5th thru 12th target not June.