I think BTC will go down to 25k starting somewhere tomorrow until early/mid feb.
After that, i believe many many more institutions will join the crypto adventure, but first they want to get the price to 22-25k ofcourse.
So while BTC is slowly going to 25k, ALGO in this example will form the handle, so starting from tomorrow that is. IF btc indeed starts to rise again after 25k , let's say mid feb/early march, it will take the alts with him thus letting coins like ALGO, ADA, ATOM, ... complete their handle and possibly start to moon.
New target in chart. ( so we are short in short term to form the handle , but we are long in mid term after handle formation.
I'm excited to see if i can get confirmation on all of this...
Goodnight for now !
After that, i believe many many more institutions will join the crypto adventure, but first they want to get the price to 22-25k ofcourse.
So while BTC is slowly going to 25k, ALGO in this example will form the handle, so starting from tomorrow that is. IF btc indeed starts to rise again after 25k , let's say mid feb/early march, it will take the alts with him thus letting coins like ALGO, ADA, ATOM, ... complete their handle and possibly start to moon.
New target in chart. ( so we are short in short term to form the handle , but we are long in mid term after handle formation.
I'm excited to see if i can get confirmation on all of this...
Goodnight for now !