GM! Great time to look into trade setups going into the new year. Whichever direction the market goes into 2023 it's going to have a strong temporary move in that direction. For now I'm leaning bullish due to the DXY continuing to lose strength which is good sign for crypto coming into new years pretty sure all the big tax loss sellers will jump back in after the 1st decent dip of the new year if we get one and volume should pick up the market for a brief bear rally. Very optimistic take but it could spark a potential bottom if we can cross up and over $20K preferably $23K
FOMO could spark in causing many who were waiting for lower lows with sidelined funds to dip their toes back in from fear of missing out but who knows right!? We could also see more unforeseen damage to the markers as well. Only time will tell!
Good Luck out there! 🍀📈
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