Technical analysis by Sen_Shi about Symbol BTC: Sell recommendation (4/28/2023)
https://sahmeto.com/message/236106
Sen_Shi
Rank: 1548
Analytical Power:
2.6

If US dips into publicly acknowledged recession in Q3, we might see crypto correction, as a benchmark - BTC to 12000 in autumn.I see this as an ultimate buying opportunity.Pros: recession is likely to happen crypto needs much more accumulation for a good bullrun than it has now I can't see a real bullrun without Fed pivot, only BTC/LTC/ETH speculations on banking collapse fear, it is not a proper fuel to 100k BTC.Cons: fiats hyperinflation might trigger earlier hype in crypto, then no such deep correction will occur Fed might make early changes to monetary policy to assure banking system safety, this will hurt crypto accumulation and cancel the dipI can't say we are on track, but there are signs
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