The Global Economy is in shambles following the rate hikes, Russia-Ukraine Conflicts and other wide spread inflation; somewhat delusional to think Crypto (more especially BTC) would be safe. So far, BTC broke the ascending triangle we were in previously and has been in a down-trend ever since. Now, I'm thinking we get a slow zig-zag (or fast) drop to 30-28K range...
BTC has been in quite a large parallel channel since it flipped from 28K; currently looking at the orange levels for a long, neutral waiting for things to play out for either a short setup or a long.
