Bitcoin forecast for next week
Bitcoin is likely to end this week with a decline. It had risen before PPI was announced, but after the announcement, Bitcoin also fell along with the overall decline in financial markets due to concerns about inflation and receding interest rate cuts.
Bitcoin, the Nasdaq Composite Index, and NVIDIA have shown the highest correlation ever.
The current decline is not Bitcoin alone; it is a decline linked to the stock market, so it doesn't seem like there will be an immediate rebound.
Both the stock market and Bitcoin are quite high, and next week there will also be FOMC.
Now, if Chairman Powell doesn't change the interest rate cut schedule, I think it will turn upward again.
[Anomalies and Technical Analysis]
Weekly anomalies indicate a positive next week.
[Technical analysis]
Even if it falls, the price range that people are likely to be aware of is the high resistance line of 57,000 dollars.
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2021年〜暗号資産投資開始
・簿記、FP、証券外務員等取得済
・証券会社勤務、株式取引に精通
☆トレーディング戦略策定
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exera : That's right, overall, I had the impression that this week had declined, so I'd like to expect a backlash from next week![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")