Bitcoin is looking a little like “The Upside Down” right now.
Yields are above 5%, the Fed has hiked, the dollar is stronger, yet $BTC still pushed toward $87K.
Benjamin Cowen is watching the weekly close and the $83K level closely. Hold that area, and the breakout could continue. Lose it on a weekly close, and the deeper Q4 pullback scenario remains in play.
#BTC Price Analysis# #Macro Insights#
Yields are above 5%, the Fed has hiked, the dollar is stronger, yet $BTC still pushed toward $87K.
Benjamin Cowen is watching the weekly close and the $83K level closely. Hold that area, and the breakout could continue. Lose it on a weekly close, and the deeper Q4 pullback scenario remains in play.
#BTC Price Analysis# #Macro Insights#
