BTC well on its way to retest weekly 200MA. Fed interest rate hikes and political issues also are catalysts for the downfall along with a much-needed correction. The second peak at 68k only happened due to a lot of extra stimulus money being thrown at the public and therefore leaving people with more money to invest and therefore inflation and interest hikes. A much-needed correction that would probably last well into 2023
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Biden administration trying to regulate the crypto market. The confirmed downside from a fundamental perspective.
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Sell every rally. Buy the dips.
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Retest 30k? Most likely.
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In buy zone territory
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After further analysis, BTC could very well hit 13-14k, which will be bottom.
