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 Sell at 31787 (stop at 32651)
Trading within a Corrective Channel formation. Prices expected to stall near trend line resistance. Trend line resistance is located at 31800.
Our profit targets will be 29707 and 29107
Resistance: 31000 / 32000 / 33000
Support: 29500 / 28500 / 27800