BTC might drop to 18k to 15k to consolidate and collect supply of retail traders and banks.
Then keep on chopping between ranges until may 2024 facing the btc halving which could influence the supply and demand of the BTC.
until then, we might be have touched the 200 EMA and bounce off it.
furthermore, the economic crisis, Ukrainian war might be over and the inflation reports worldwide might be better as helping the economy to boom including Crypto currencies.
BTC might then get into a bull run and fly in a healthy way following Fibonacci retracements collecting shorts and liquidating them as it would fuel it up more with liquidity.
Do your own research,
This is my studied idea, Allah knows better.
Then keep on chopping between ranges until may 2024 facing the btc halving which could influence the supply and demand of the BTC.
until then, we might be have touched the 200 EMA and bounce off it.
furthermore, the economic crisis, Ukrainian war might be over and the inflation reports worldwide might be better as helping the economy to boom including Crypto currencies.
BTC might then get into a bull run and fly in a healthy way following Fibonacci retracements collecting shorts and liquidating them as it would fuel it up more with liquidity.
Do your own research,
This is my studied idea, Allah knows better.
