The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Bitcoin - Intraday - We look to Buy at 47147 (stop at 45406)
We look to buy dips. Previous resistance located at 52000. Previous support located at 46000. Intraday signals are mixed. The bias is still for higher levels and we look for any dips to be limited. Risk/reward is ample to call a buy trade.
Our profit targets will be 51975 and 52450
Resistance: 50000 / 52000 / 53000
Support: 46000 / 45500 / 45000