medium term bets on BTC and crypto industry
Bitcoin / TetherUS BINANCE:BTCUSDT
Wyckoff accumulation schematic on daily and lower timeframes suggest rally to somewhere higher then last 48k (if it’s a spring which would work), however i believe BTC will pump to 37k/38k CME GAP and FVGs as a dead cat bounce in high correlation with SPX and NDX and then collapse even more under pressure of rate hikes and geopolitical fears (“monkepox”, food shortage, resumption of chinese military trainings near taiwan and shitload of puts where bought on SP500 with strike price 3300) to 21k area or even less.
