There is really only one chart you need to follow to trade Bitcoin, the US Dollar Chart...

If you want an easy way to trade bitcoin, just look at a chart of the US dollar.

Bitcoin and the US dollar are inversely correlated, meaning that when the dollar goes up bitcoin goes down, and vice versa.

Well here's a monthly chart of the dollar:

(Source: https://twitter.com/ZaffGeorge/status/1543262201183698944/photo/1)

It's strong and getting stronger...

That is bad news for bitcoin.

Until the dollar rolls over and the FED reverses course bitcoin is going to remain under pressure.