I think bitcoin has been building for a breakout ever since the June 18th bottom. Alts have had their runs against btc in the 2 months since the lows, so bitcoin dominance has plunged unprecedently low for this point in the market cycle (down to peak bull market lows). Crypto twitter might be the most anti-btc I've ever seen it. There's now been a shake out in the last week that damaged moral pretty hard. The most likely targets are around 40K or 52K, with a slim chance of a new ATH.
Looking better now since the FTX fallout. Reclaiming 19500 would likely mean the bottom is in. Bitcoin is more overdue than ever for a pump against other cryptos (especially ETH) so I still expect it to dominate if the market gets bullish. ETH/BTC breaking above .085 would invalidate the idea of a bitcoin-dominated pump.
Strictflow
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Starting to buy back at 18500. Price is still in a good area to take the shot and is close to invalidation.
Strictflow
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This is already starting to look invalidated. Out for now, and will reassess later. Maybe the market is already back to my previous posted idea
JoyBoyVegae
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Too early for the pump
sadmark
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yup. let's be hopeful for a pump. we just have a breakout:
search26898
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Alts have had their run? Must've of missed that! Most still 80-90% off ATH. Most gains were then wrecked by 10-30% once bitty tumbled again.