On the WEEKLY chart, you can see that after 11 weeks of correction,
Bitcoin is closing its second week of UP!
BTC is heading to 109K.
It will pull back and then hit above 150K!
When?
When the FED injects liquidity into the market.
When will this happen?
Much faster than you think...
The FED has nowhere to run!
In 2008, to resolve the Subprime crisis and prevent American banks from going bankrupt,
the FED injected 8 trillion dollars.
In 2020, with the COVID-19 pandemic, it injected 13 trillion dollars.
Now, with the lack of liquidity in American bonds,
the FED will have to inject at least 10 to 15 trillion dollars.
And with this injection of liquidity, BTC rises just above 150K.
Stay tuned!
Be well positioned.
Luís Almeida - CEO VITRA VERSE