{"id":5751,"date":"2021-03-19T15:00:41","date_gmt":"2021-03-19T15:00:41","guid":{"rendered":"https:\/\/cryptosfundtrading.com\/?p=5751"},"modified":"2021-09-30T10:26:56","modified_gmt":"2021-09-30T08:26:56","slug":"stocks-bitcoin-what-next","status":"publish","type":"post","link":"https:\/\/cryptosfundtrading.com\/es\/stocks-bitcoin-what-next\/","title":{"rendered":"Stocks & Bitcoin, What next?!"},"content":{"rendered":"

Good morning from CFT (Our video is out!),<\/p>\n

4h chart Bitcoin,\u00a0<\/span><\/p>\n

We talked last week while we were at $57,000 to move slightly higher before turning down…we did that.\u00a0<\/span><\/p>\n

We are still looking for the \u00abABC\u00bb red correction, and possibly we could be looking for the preferred count, which is possibly more of a triangle. Our indicators are more neutral, so we are still looking for lower and might get a buy signal down around $48,000 if we do get a selloff down into that area.<\/p>\n

On U.S. stocks,\u00a0<\/span><\/p>\n

they have turned down again this week; we are down today, so we are expecting still lower on U.S. stocks, which we think keeps the Bitcoin pressure.<\/p>\n

The U.S. Dollar,<\/p>\n

we had said we were still friendly for higher. It had a good recovery from the FED induced selloff two days ago. So we still expect higher.<\/p>\n

And Precious Metals,<\/p>\n

we are still short, and we are expecting lower.<\/p>\n

Have a good weekend!<\/p>\n

CFT Team!<\/p>\n