Pretty interesting comparison in BTCUSD (weekly) and Nasdaq Composite (monthly) structures. IFF similarities hold up we could see:
1. Sidewalks BTC price action (in which alts may rally)
2. Eventual explosive upward action (in which alts will sell to put $$ into BTC)
Based on ratios between similarities in time and price we would be looking at a minimum of $50k this time next year.
Just found this interesting and wanted to share
1. Sidewalks BTC price action (in which alts may rally)
2. Eventual explosive upward action (in which alts will sell to put $$ into BTC)
Based on ratios between similarities in time and price we would be looking at a minimum of $50k this time next year.
Just found this interesting and wanted to share