According to Uptrend channel uptrendline CCI TP1 Approximatively 01/01/2024 / TP2 01/03/2024
CPI fell to 5.0% (expected 5.1%) but core CPI is slightly up and a factor the fed looks closely at. If OPEC wouldn't have cut daily oil supply this number may have been at level as well. Trad market reacts negatively but bitcoin goes up slightly.
a quick look on the char and we see the index around a (not so strong) S/R area that can be break soon, let's keep the eyes open on that to don't lost a possible short entry (or a long too =D )
the index starts to resume the fall down. so... we sell it as you can see.
The main reason of btc dump is S&P 500 which went down.
Once upon a time Old Gold and his young apprentice Bitcoin Starts to fall dramatically together at the same day nearly at the same time ....
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
make 1 wave in up trand and no wave 2 for correction we make w , x and now for y y = 5 wave in down trend the end would be in 1.618 feb.
Will most likely fall through its support at 7394,5 and down to 6150 before it might bounce back up there.