The culmination will likely be United States inflation data, this itself a yardstick for the macroeconomic forces at world globally.
A look at order book data reinforces the friction bulls are likely to face in the event of a continued breakout.
“This contraction in M2 has been a result of Fed hikes and forward guidance which drove a surge in reverse repos to all-time record levels.
Hash ribbons measures miner profitability and has been historically accurate in correlating with price phases.