Looking at BTC and it says it all !
in 2023 we recovered all the loss of 2022 and this is as bullish as it can get!
if the price by the end of 2023 manages to stand above 46.2 K witch is the start of previous year loss, it will create a big buy signal for the next year. usually BTC operates well in a background which US dollar is on the fall and this fits our currents scenario. US federal bank looking forward to cut rates due to deflation and this just creates a big room for BTC to hike and its showing big signs of it.
all and all expecting a perfect year for BTC and predicting that in 2024 we will pass the resistance level of 69k and reach higher highs.
in 2023 we recovered all the loss of 2022 and this is as bullish as it can get!
if the price by the end of 2023 manages to stand above 46.2 K witch is the start of previous year loss, it will create a big buy signal for the next year. usually BTC operates well in a background which US dollar is on the fall and this fits our currents scenario. US federal bank looking forward to cut rates due to deflation and this just creates a big room for BTC to hike and its showing big signs of it.
all and all expecting a perfect year for BTC and predicting that in 2024 we will pass the resistance level of 69k and reach higher highs.