BTC/USD - Daily Timeframe - Support and Resistances
Green is Support
Red is Resistance
Black line is zero.
I believe there is more downside to come, The Fed monetary policies are crashing all the markets. The interest rate hikes are crashing all the markets.
FED RATE HIKE SCHEDULE
June 15th estimated to be between 0.5 and 0.75%.
July 27th estimated to be between 0.5 and 0.75%
More interest rate hikes scheduled for the following dates:
September 21
November 2nd
December 14th
The Fed maneuvering for recession avoidance, inflation control short term impact as well as the the supply shortages, and possible breakdowns on different supply chains as well other global events, Russia Ukraine Conflict, have and will continue to impact the markets negatively, but eventually a bull run is expected so until then I am hodling and utilizing this time by stacking sats and building big altcoin bags. Good Luck to All $tay Safe~!
Green is Support
Red is Resistance
Black line is zero.
I believe there is more downside to come, The Fed monetary policies are crashing all the markets. The interest rate hikes are crashing all the markets.
FED RATE HIKE SCHEDULE
June 15th estimated to be between 0.5 and 0.75%.
July 27th estimated to be between 0.5 and 0.75%
More interest rate hikes scheduled for the following dates:
September 21
November 2nd
December 14th
The Fed maneuvering for recession avoidance, inflation control short term impact as well as the the supply shortages, and possible breakdowns on different supply chains as well other global events, Russia Ukraine Conflict, have and will continue to impact the markets negatively, but eventually a bull run is expected so until then I am hodling and utilizing this time by stacking sats and building big altcoin bags. Good Luck to All $tay Safe~!