LOL, a "PhD" posted that headline about the CEO of Bitcoin. My God man, I need to be in the racket of false bullshit.
Deadcat bounce, IMO. Get a few more suckers in, before they sell it into oblivion. That way Goldman can buy it up for a small fraction before the CBDC is rolled out.
The rise of BTC is in line with the rise of ARKK and JPow is not going to be happy. Get ready for more more pain from the Fed. BTC & ARKK are just measures of liquidity and "animal spirits."
It could just be those damn arabs again trying to corner the Bitcoin market while they move out of the US dollar so they can rule the world... We don't watch that movie anymore because it's been cancel-cultured, and the Hunt Brother's silver corner with the Arabs never happened either...
Inverted head & shoulders on the 30 minute chart. IHS is supposed to be bullish, but the caveat is, for it to be effective, it should appear at the bottom of the trend. Here at the top, I'm leaning more towards the downside.