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Weekly Crypto Forecast (March 20-24, 2023)
Today’s weekly crypto forecast covers the DXY, TOTAL, BTC, ETH, and VET. DXY is approaching a massive confluence of support ahead of FOMC, while Bitcoin trades just below a multi-year macro resistance level. I discuss all of that in today’s video. Plus, a must hold level for Ethereum bulls and an intraday breakdown from VET. The DXY is breaking below its 103.50 yearly open today. That could be a sign of weakness toward the confluence of support at 102.60. Of course, the alternative to that is a close below 103.50 today, followed by a bullish reclaim later this week. For now, though, all of the price action from ... (full story)
