1. This is seriously ominous for the entire crypto space, dont listen to the bulls I was once a bull at the start of the rally in EOS but now we could be making a huge ABC post fifth wave extension. Sometimes you must let go of your biases, and stick to TA and fundamentals, dont buy just because their shows a strong sell indicator and vice versa.
2. Fundamentals are down, and regulation fears are still looming. Dollar rally is possibly imminent, plus a 4% yield on the 10YR. New wallet accounts are slowing down. Especially for Bitfinex my friend is the shareholder, and he has kindly shed light on this. State backed cryptos are the theme this year.
3. Next should be a good year though for the crypto market in my opinion. This year just stay nimble, there is no need to be hasty.
All of this free advice unlike some who charge....
Infinity Out!!
2. Fundamentals are down, and regulation fears are still looming. Dollar rally is possibly imminent, plus a 4% yield on the 10YR. New wallet accounts are slowing down. Especially for Bitfinex my friend is the shareholder, and he has kindly shed light on this. State backed cryptos are the theme this year.
3. Next should be a good year though for the crypto market in my opinion. This year just stay nimble, there is no need to be hasty.
All of this free advice unlike some who charge....
Infinity Out!!
Comment:
Well my short term analysis was wrong, I didnt factor in the possible price pump pre mainnet launch. We have to see if the B phase was completed at $15 or if it isnt then 22dollars is still on the cards. If it was completed at 15 then C will finish around 7-8 dollars