Bitcoin (BTC) bearish reversal at a key resistance

Bitcoin (BTC) bearish reversal at a key resistance

Tighter monetary policy conditions are negative for Risk Assets Fundamentals Just as we expected, following the extremely hawkish comments made yesterday by the Federal Reserve governor, Lael Brainerd signaling for a much faster path of monetary policy tightening ahead, the Volatility Index ( VIX ) managed to bounce strongly from the ascending and expanding megaphone pattern that we have been talking about on…

Bullish reversal for Bitcoin at key support

Bullish reversal for Bitcoin at key support

Background So far this year we’ve seen a tremendous amount of volatility across literally all financial markets as a result of the tightening of monetary policy conditions by the largest and most influential central bank in the world – the Federal Reserve . The equity markets together with other risk assets like crypto have been in the cross-hairs ever since the Fed changed…