Looking like middle phase of a textbook pullback. Expecting bottom today around the $21,200 mark - potentially just before today's close.
- Potential for another leg up for leading ALTs over next few days. - March target remains 30k - 6th March is estimate for major long move to this mark.
Best, Hard Forky
BTC Macro Descending Channel
30k Macro Target Forecast
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I believe the local bottom Upward Trendline trajectory was just mapped on last dip
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that was the long
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looks like they will sell into the CPI numbers - which suggest CPI at 6.4%
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might not come down ...
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I got the CPI number right :) 6.4 Just wait till March - 7.4+!!