Round 2 for Bitcoin? A Rally to $25k, then possibly $35k?
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I'm starting to think capital will aggressively move into speculative safe-haven assets (gold/silver/platinum/bitcoin) over the next 4+ months as the global markets address Fed, stock market, credit/debt risks.
If this is the case, then the $18,975 level becomes a critical line of support.
Not that the Fed has fired off its round (rate increase), will capital move away from certain sectors and start rallying into safe-haven assets?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.