WTI Crude Oil, US10Y, BTC/USD, $DXY, Technical Outlook, Edition #125 (12/10/2021)
US Dollar strength resurges while 10 Year Bond yields soar 🔥 What will spark this Powder Keg? Explore the Mighty Greenback, Energies, Bonds & other Risk-On assets with Q tonight 🚀
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"Smart money sells at the top of a rally because they want to. Dumb money sells at the bottom because they have to..”
Bitcoin closes in on a seventh consecutive day hovering around USD 57K - the major .786 Fibonacci retracement level.
Bitcoin, BTC/USD - Daily (D1)
Price action lounges tantalisingly as restless speculators anticipate the much-needed pullback to USD 51K - or lower if price rejects below the .618 fib level once again.