BTC Overlay

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

hungry_hippo

If my bear flag theory holds, then the bottom happens at the June 15th Fed meeting, same as my NDX projection.

Regardless of if it tracks the overlay, I wouldn’t buy until the next Fed meeting anyways. I think the best the bulls can hope for is that it goes sideways instead of tanking until then.

Of course I could be wrong and Powell could tank everything lik he did last meeting.

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