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Bitcoin going down? probably by twoitguys

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· @twoitguys ·
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Bitcoin going down? probably

![template (1).jpg](https://files.peakd.com/file/peakd-hive/twoitguys/23uExLeRw5L9K55qd82vciEVhHSRA3Qo9u5HeZegbVwQVKzgr8Xfq8QLrxdxWAU6a4baE.jpg)

The next meeting of the Fed is in a few days, but it doesn't look good. Most investors are looking for another hike of the interest rates, maybe the last... but then what will happen in 2023. No one knows, so we are still in the same context. 

Short term time frames: 13 900 is mot likely where we are going with maybe a short lived rally to 19 800 before the downfall. 


![BTCUSDT_2022-12-06_19-57-57.png](https://files.peakd.com/file/peakd-hive/twoitguys/23tGXZhLedP1rHBhBuNviE5Yn4LC3yez1qu8nSrbJ51y7zYCPCYxiLAMqUYTTTVuSbYBx.png)


![BTCUSDT_2022-12-06_20-21-46.png](https://files.peakd.com/file/peakd-hive/twoitguys/23tRvj6wFNzTJ5aT8rdx8EnzBbN3Ss3JsrwyH3DRvWskPazpQcTs7xKUrv6vf3HiBK3mN.png)
 Long term chart: Based on the Money flow index, we could see a move in 2023 that could be confirmed in march for a rally. But i still too early to tell. We'll have to go trough a couple of resistances and won't be ready to buy until we cross 23k$.

Be patient, follow the price, not the influencers, and if you cant wait, make a plan, DCA the shit out of Bitcoin and only invest what you afford to loose. 

Good luck and good Profits!
GGP

disclaimer : This is just my opinion. Not an expert. Not financial advice. Just for fun. DYOR.
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