I took fresh eyes and mapped out what I thought would happen here in the next weeks and month with the market. Every single time; I came out with almost the same exact analysis.
With some bumps here and there along the way; we head back down to the mid $8k's or $9k's and go sideways. This giving an alts a chance to recover from a total bottom out.
We stay in this sideways motion for some time followed by a slow steady bull, followed by another big sell-off to double bottom the $6k price. THEN.. the market will have recovered and will be on it's way back to the full bull we once known to love.
Of course; things can change fast, but imo; the market needs this. It needs time to heal and recover and regain itself before another big bull.
With some bumps here and there along the way; we head back down to the mid $8k's or $9k's and go sideways. This giving an alts a chance to recover from a total bottom out.
We stay in this sideways motion for some time followed by a slow steady bull, followed by another big sell-off to double bottom the $6k price. THEN.. the market will have recovered and will be on it's way back to the full bull we once known to love.
Of course; things can change fast, but imo; the market needs this. It needs time to heal and recover and regain itself before another big bull.