Time for a bull run, prepare for some nice months ahead.
$420 billion dollars back into crypto this is still 50% of the volume we reached back at the December/January run. However the fact of the matter is last bull run we seen anabolic growth on nearly every coin when the market cap reached $500 billion people couldn't enter coins fast enough including BTC.
We are nearly back at this level and with current growth rate we are only around 1 week away from having some fantastic trading conditions.
You will see here on the BTC that all indicators are showing very bullish signals, we then have volume to support the move.
Keep your focus on trading alts, BTC is showing slow growth which is good for the market and trading alts. BTC dominance is down to around 37% from 45% on the low of correction, this indicates alts are running strong.
90% of alts are up over 70% from their lows, yet the BTC is only up 40% from its low which is still a great return for those that entered at 6500.
If you have not entered BTC or looking for a trade on BTC I would personally wait for the first candle to close over target 1 to buy. There is a slight chance that target 1's resistance we bounce from and trade back to the 8800 levels, however the 8800 levels will provide every good support. The odds of this are much lower then us breaking target 1 and moving onto target 2 due to the volume supporting BTC.
I won't be publishing BTC for a while until targets are reached of if it starts to look weak as my focus is on alt coins only and we will be trading these daily.
I will be publishing 2 alts today and both of these have had a slight dip due to BTC moving up this creates very good entry points.
Cash Is King
$420 billion dollars back into crypto this is still 50% of the volume we reached back at the December/January run. However the fact of the matter is last bull run we seen anabolic growth on nearly every coin when the market cap reached $500 billion people couldn't enter coins fast enough including BTC.
We are nearly back at this level and with current growth rate we are only around 1 week away from having some fantastic trading conditions.
You will see here on the BTC that all indicators are showing very bullish signals, we then have volume to support the move.
Keep your focus on trading alts, BTC is showing slow growth which is good for the market and trading alts. BTC dominance is down to around 37% from 45% on the low of correction, this indicates alts are running strong.
90% of alts are up over 70% from their lows, yet the BTC is only up 40% from its low which is still a great return for those that entered at 6500.
If you have not entered BTC or looking for a trade on BTC I would personally wait for the first candle to close over target 1 to buy. There is a slight chance that target 1's resistance we bounce from and trade back to the 8800 levels, however the 8800 levels will provide every good support. The odds of this are much lower then us breaking target 1 and moving onto target 2 due to the volume supporting BTC.
I won't be publishing BTC for a while until targets are reached of if it starts to look weak as my focus is on alt coins only and we will be trading these daily.
I will be publishing 2 alts today and both of these have had a slight dip due to BTC moving up this creates very good entry points.
Cash Is King
