BTC is set, the macro is not. What position should we take?
Unfortunately, we are getting close to a very dramatic period, uncertain and dangerous for both sides.
BTC graph is great, we broke the falling wedge, we bounced over the 8 weekly, and we are almost closing a bullish pivot on the daily (almost).
In the other hand, markets are under a huge pressure, the dollar is trending upward over the rise of interest rates on march.
And we have this war about to explode between Russia and Ukraine, which is just terrible putting everything together.
I am not buying BTC if we are not able to confirm that Pivot on the daily, my hands are shaking but I don´t feel comfortable jumping in just yet.
BTC graph is great, we broke the falling wedge, we bounced over the 8 weekly, and we are almost closing a bullish pivot on the daily (almost).
In the other hand, markets are under a huge pressure, the dollar is trending upward over the rise of interest rates on march.
And we have this war about to explode between Russia and Ukraine, which is just terrible putting everything together.
I am not buying BTC if we are not able to confirm that Pivot on the daily, my hands are shaking but I don´t feel comfortable jumping in just yet.
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