This Bitcoin ride has been awesome so far but we are getting closer to a correction IMO. Expecting now a small dip before the next and stronger we had today target 5700-5750 area. After that the correction should start and I am targeting 5000$ area.
About low-medium cap altcoins I am not sure yet what will happen to them. Most dipped a lot in this BTC ride in terms of BTC and they should get their wave up too but not sure if it will be in the consolidation now before the next pump or only during/after Bitcoin correction.
About low-medium cap altcoins I am not sure yet what will happen to them. Most dipped a lot in this BTC ride in terms of BTC and they should get their wave up too but not sure if it will be in the consolidation now before the next pump or only during/after Bitcoin correction.
Comment:
This short term dumps will only be shakeouts. Target still is 5700 area.
Comment:
Updated chart after the extended correction we had the chart above got invalidated. Good news is that we caught the dip.
Updated chart after the extended correction we had the chart above got invalidated. Good news is that we caught the dip.