Friday, December 17, 2021. Bitcoin – Stocks – $ – Metal – Our video is out!

Dec 17, 2021

Home 9 chart Analysis 9 Friday, December 17, 2021. Bitcoin – Stocks – $ – Metal – Our video is out!

Hello from CFT (our video is out!),

BTC: Not really has much changed since our last update a week ago. Bitcoin trading at $46,800 down slightly from the last update. We still think we have this bullish count with a 1-2 completed, and probably here short term another 1-2 completed, possibly even this morning. The U.S. stock market has continued to drag down Crypto. We believe, more of a risk-off environment because of Omnivirus etc. 

U.S. Stocks Nasdaq, we have been showing; we have come back down and tested the lows from 10 days ago. We still think ultimately we will catch a bid here and continue to work to all-time highs.  

The Dollar, We have been talking about still wanting to be short; indicators are not getting us there. We are holding higher levels, so we continue to stand aside. 

Precious metals, talked about trying to be long, once again we are just sitting down here near the lows, and no positions at the moment.

Thank you and have a good weekend!!

CFT Team.