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Potentially, the current VTS may decrease to $80,000-83,000. We’ll watch further 👀
Do you know the rule of five touches? 😁 (It’s a joke, of course, but this has been seen on VTS more than once in local/global consolidations).
During this time, liquidity has formed from above, which can bring the market higher, but so far this is unlikely.
For further growth, the market needs an impulse, a positive catalyst. While it’s not there, there will be a sluggish lateral movement.
Trump’s tariffs will be introduced next week, rhetoric is likely to tighten, which will lead to a correction in the markets. 7 replies
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