BTCUSD - Where are we at and what are we doing?!?!
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Taking a look at where Bitcoin is and what the possibilities are. I don't personal feel like we're out of the woods yet. Looking at the trend from a bigger picture, we are on a clear downtrend. I'm waiting to see if Bitcoin does breakdown further to the .382 and .5 levels on the Fib Retracement.
As I mentioned, this could be the first real Recession that the Crypto Market experiences. If so, Expect this downwards trend to continue well in to 2023.
Always stay safe with your money and retain profits. Now is the time to observe and plan out your next move.