Hello Fellows
As the charts speak by itself. i tried to simplify it as much as i could. we are in a downtrend and the daily candle closer or 15 April was not impressive and we are going down with each day by day and it is a slow process. Major alts are trying to outperform BTC whenever #BTC give them a chance.
The total market cap is unable to hold 2.1T position and i am waiting for the bottom 37 to 33 area to load up my position again. Usually, the Geopolitical news and current situation are in full favor of BTC although we are hearing the good news of adoption and new funds allotment of funds from different projects. but couldn't see the Fresh funds injection in the market to move the market upside.
Summary: We r in downtrend and Locally, everything can happen. Globally? The outcome should be only one. Dead cat to 46-51.8-56'58
As the charts speak by itself. i tried to simplify it as much as i could. we are in a downtrend and the daily candle closer or 15 April was not impressive and we are going down with each day by day and it is a slow process. Major alts are trying to outperform BTC whenever #BTC give them a chance.
The total market cap is unable to hold 2.1T position and i am waiting for the bottom 37 to 33 area to load up my position again. Usually, the Geopolitical news and current situation are in full favor of BTC although we are hearing the good news of adoption and new funds allotment of funds from different projects. but couldn't see the Fresh funds injection in the market to move the market upside.
Summary: We r in downtrend and Locally, everything can happen. Globally? The outcome should be only one. Dead cat to 46-51.8-56'58