VOL 4 Issue #3 February 2022 #BTC AstroCrypto Report
Disclaimer: * Please note I am not a financial advisor, this report should not be taken as financial, investment or trading advice. Bitcoin is a volatile, high risk asset. The author assumes no responsibility or liability for your investment decisions or any financial gains or losses based on the information in this report. Do your own research, technical analysis and due diligence before trading or investing in Bitcoin or any other assets !
How did we do in January ? Very accurate AGAIN, we predicted continued choppy conditions and possible lower lows through January, with a possible rally at the end of the month, which is exactly how it played out ! From the January 3rd report...
"Based on the Astrology, our best guess is that BTC continues in a choppy sideways pattern through early January, possibly with lower lows, but starts to gain more and confidence and rally in late January and/or early February"
February Intro: The main issue for markets continues to be rising inflation and Federal Reserve policy. The FED has announced it will start raising interest rates and unwinding its $ 9 Trillion balance sheet in March. Interest rates have been at zero since the Pandemic began, and the recent January market corrections are what is known on the street as a "tapper tantrum" as Markets adjust to the new FED policies. The March rate hike appears to be mostly priced in at this point.
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