ALT MCAP is moving towards the 100 MA support around $500 billion mcap. This is an important level to hold. A green close above this level could trigger a bullish rally across the market, until it happens we are short-term BEARISH. Be careful.
Let me know what you think in the comment section. Do hit the like button if you like me to post these small updates.
@OG_cRoW, Well lets face the cycles. The market haves 7 year cycle. We just left the final year. Forecasts and forecasts, and it is systematic. The elites broke down completely the worlds economy, as expected, thanks to a non seen "virus", and we are now at phase 2, Crash. Inflation will hit the roof, and it just have started. Remember that is not a bet. They rule the platforms and the machines running it. This is just me saying after I have saw once in my professional life, the market being manipulated live, during a weekends "migration".
If you still have "faith" in a rigged system:) Good luck.
OG_cRoW
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@GodVault, crypto markets fell in 2018 and other times while the world market was doing well. Statistically we have few crypto cycles to do an accurate analysis, and in any case ... it's crypto ... anything is possible.
GodVault
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@OG_cRoW, For much analysis you can make, if the "ones" decide to change the market flow, no graphic, nor TA nor anything you can use will avoid or change it:) As I said, once you see them manipulate all the market (cash, derivatives, MTFs)...I am speaking on a IT level:), don't have so much faith in statistics:)
Right now, the crisis that is just starting haves nothing to do with 2018 one. This one will go deeper, and eventually, after so many are burned, businesses destroyed, people unemployed, mass inflation, etc...all in name of your safety, according to the "assexperts" :) will do the trick.
We will see the big bounce for a reason of course. All going according to what was "foretold" by them:) Not me my Dear. I hope to see BTC rise again, but I do not "bet" wink wink, this year:).
Remember, IMF, "the big reset" and "you will own nothing and you be happy". Just think on this and why this first crisis is having its place for the many more that will come till 2030.
Enjoy the ride mate;) and right now, it is bearish as high:). Wish you the best and safe trades.
OG_cRoW
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@GodVault, I agree on the "manipulators". I just focus on accumulating with dca. I know that when it rains it pours, but I also know that it can't rain forever. And now Btc can lose another 50%, it doesn't matter. Once we hit the bottom, we go up. All we have to do is wait patiently. But if we know manipulators, we also know that sometimes they want us to believe something, but what it will not be in the future.
RLinda
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Good job. Keep it up)
rkh2021
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I think there is downward channel and it is going to hit 400B in July 2022.