BITCOIN Today’s CPI Rebound Does Not Change The Bearish Narrative

These are current happening affairs and world events that have always had an effect on the macro markets, and the high correlation between bitcoin, US dollar and the stock market and also been influenced of the conflicts events in Kiev’s attack happening in Ukraine has led to its slide to $18,600–00 during this time when the CPI data was annouced .

Happening now at the time of writing, 10 a.m. Boston time, there is a shift in the tide. BTC reversed and climbed up to $20,000–00, and is expected to continue rising to $22K to US 24K within the cyclical movement, indicating a positive comeback for altcoins.

In response to strong inflation rates, the Fed has been raising interest rates for some time. Obviously, this cannot continue forever, and a reversal will ultimately occur. When this occurs, risk assets will respond favourably, and cryptocurrencies such as bitcoin are anticipated to do strongly maybe sometime in 2023

All appears to be in order, with the exception of the fact that the charts indicate we are still in a bear market; this brief reprieve may extend during the next twenty-four hours and could possibly fall back to $ 19,000, with support range between Lower high and $19,000 to lower low at $13,000

However, as previously stated, we are not yet in the bull season, and I feel there is still more downside to come before a retracement lower. I envision levels of $27,000 to $28,000 before a retracement below. And it can go lower than $15,000, as stated in my post; others believe it might drop to $12,000–00, contingent on whether whales exert strong pressure to dump again.

(It may take many hours or perhaps up to few days for the DXY and stock market indices to retrace their losses, depending on what the future holds)

The US dollar is difficult to predict because it is influenced by events in Taiwan and Europe’s attitude to Russia.

Set an price target objective, and if you can justify the margin within that target, exit and wait for the next opportunity.

This is not financial advice, as it is a personal opinion, as nobody can genuinely speculate and advise during wartime. Just remember the DXY will strong affects on Bitcoin Price ,during this time, when Russia keep bombarding Ukraine , situation may get worst and The DXY is hard to speculate

The Russians have 7000 S-300 missiles, and who knows how many short-range missiles they have. Furthermore, as the speculator indicated, they have stockpiled Hypersonic missiles.

There are those who doubt this, but if you look at the progress of Russia’s agricultural efforts over the past eight years, it’s clear that Vladimir Putin has been preparing his country for this operation and to feed a massive army for three years without food logistics problems for all russian

The overview of the mobilization is just an excuse for him to do the annexation to get these troops to go in to ensure for his restructuration and peace keeping in thos 4 annexed states,

Western Media is misleading the general world public into believing they are helpless, with winter approaching, Russia will freeze out Europe and regroup.

This Putin is a Master Killing War Strategist, and the U.S Generals need more brainpowers to take him on , as so far he has taken on both the United States and NATO without any difficulty or failure in his manipulation of:

Oil and gas pricing

Food supply

Replenishment in drone and missile

a Strong Ruble as opposed to rubble

His work in BRICS coming together to De-Dollarization

Using Winter Cold to his advantage,disrupting and inciting protest in Europe — Consider France

His humiliation of the United Kingdom and the United Kingdom’s decision to replace a prime minister who is not a strategist (This is dreadful, as the United Kingdom is a military power without a prime minister who need to be a strategist).

Biden began yelling “Armageddon”;

the only person capable of angering him is the Ukrainian President, who shares the same numerology as Vladimir Putin. ( both has numerolgy figure whihc states — of the Evil chracteristics ) if you check Google translates- His Name equivalent in English translation — EVIL ) split the full name and use the google translate , Evil , Yes — Who call for Preemptive Nuclear Strike, His intention is selfish and He want to destroy all the World to benefits his agenda, That is Very Evil ( there are ytoutbe and Tiktok video proof and his attempt to clarify his wrong suggestion, but the World can read his mind )

If he takes over as NATO president (another US puppet who is a headless chicken), Russia would collapse.

Worst is that PUTIN knows better, and I wonder why he likes the Ukrainian President to let him run the show. There must be a legitimate reason, and let’s hope they can sign a peace accord and end the war.

$DXY runs in opposite to the Bitcoin , so if europe come out with any news and DXY escalate being the reserve currency Bitcoin will Slide, the opposite happens when DXY slides lower and Bitcoin Move highers each time

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