FED planning for interest hikes around early march. It aligns | TycheLAB.com
FED planning for interest hikes around early march.
It aligns with our analysis timeline as well. We anticipate a continued distribution phase for Bitcoin, with getting close to our bottom target around mid-feb.
There'll be a final shrug-off once the hike gets announced early march. And continued melt-up will begin then.
Until then, we expect multiple relief rallies on short term which will ultimately get vanished. Expect volatility to get real low before the final shrug-off.
That would be our signal to fasten the seat belts. Till then, gather and preserve CASH.
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