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GM E.T Fam! I hope you all are doing well. At the moment, weβre still experiencing some sideways action. This isnβt such a bad thing. We know that yesterday the FOMC meeting may have bought us a little more time for market bullishness. Today, Krown is not only giving us some TA.
Heβs delivering some FA (Fed analysis) as well. First, we talk about the DXY (US Dollar Index) chart. Weβre exploring the correlation between this chart and the crypto bull cycle. There are some key targets that we need to pay attention to. Another chart that we are reviewing is the Bitcoin CME Futures chart.
Krown gives us a target that the CME needs to close at for us to keep a bullish outlook on the BTC price movement in the short term. On another note, Iβm happy to see that you all have been enjoying the altcoin quick fire segment. Since you all love them so much, Krown has more picks that you all sent in. Keep the altcoin requests coming, because weβre listening. Have a great Thursday!
DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR
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