Can one macro indicator help explain why Bitcoin is struggling to gain traction? The Perfect Storm Index™ remains elevated, reflecting persistent macro pressure from liquidity, the US dollar, credit conditions, oil and geopolitical risk. Meanwhile, BTC appears to be completing a small B-wave, with the 100% Fibonacci projection remaining my preferred target. It'll be interesting to see whether macro pressure and technicals continue to align. One Number. Multiple Market Signals. #Bitcoin #BTC #Crypto #Macro #PerfectStormIndex
Matthew Dixon - Veteran Financial TraderShare
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