Sive Morten
Special Consultant to the FPA
- Messages
- 18,648
Good morning,
Market shows most quiet performance in history probably. BTC stands in tricky situation when it has support from EU capitals flow but has to struggle with fundamental headwinds, such as rising interest rates. This background makes us to remain doubt on soon upside reversal. Now we intend to wait as have reasons to suggest that retracement might be a bit deeper, to 41.4-42K area at least:
Market shows most quiet performance in history probably. BTC stands in tricky situation when it has support from EU capitals flow but has to struggle with fundamental headwinds, such as rising interest rates. This background makes us to remain doubt on soon upside reversal. Now we intend to wait as have reasons to suggest that retracement might be a bit deeper, to 41.4-42K area at least:
