Bitcoin market structure indicates a downtrend. 30k area is a highly battle area for BTC, and we see the BTC lost this fight. We can easily see the BTC comes to the August 8, 2022, range in the coming days.
News:
Biden's harsh comment for crypto traders is concerning, and the FOMC meeting is being held today, and the market is already priced in both scenarios. If there is no rate hike, we see the same pump and then a dump; otherwise, we know the fall if there is a 25bps walk.. a 55% chance there is no hike in June.
News:
Biden's harsh comment for crypto traders is concerning, and the FOMC meeting is being held today, and the market is already priced in both scenarios. If there is no rate hike, we see the same pump and then a dump; otherwise, we know the fall if there is a 25bps walk.. a 55% chance there is no hike in June.