I predicted in my previous analysis that Luna in May is bearish and this is happening. I believe we had our first mark down and now price will consolidate at the support of the longterm rising channel. I am imagining that there will be another mark down at the end of May. The next markdown will be a breakdown from the longterm rising channel, which will spell further fall in Luna's price.
BTC will be in a downturn until around September. Alts will suffer greatly and probably past September.
BTC will be in a downturn until around September. Alts will suffer greatly and probably past September.
Comment:
Target hit unexpectedly quickly.
Comment:
Final target hit of 3.618, since I believe that the bottom is in September, absolute destruction is coming to crypto, hopefully I am wrong.
Comment:
"since I believe that the bottom is in September, absolute destruction is coming to crypto, hopefully I am wrong." prophetic words.
