I think BTC will go down to 25k starting somewhere tomorrow until early/mid feb.
After that, i believe many many more institutions will join the crypto adventure, but first they want to get the price to 22-25k ofcourse.
So while BTC is slowly going to 25k, XLM in this example will break down from the descending triangle, so starting from tomorrow that is. IF btc indeed starts to rise again after 25k , let's say end feb/early march, it will take the alts with him again.
Possible targets : Support at around 0.18$ , if that breaks, supp around 0.13/0.15$
I'm excited to see if i can get confirmation on all of this...
Not financial advice !
Goodnight for now !
After that, i believe many many more institutions will join the crypto adventure, but first they want to get the price to 22-25k ofcourse.
So while BTC is slowly going to 25k, XLM in this example will break down from the descending triangle, so starting from tomorrow that is. IF btc indeed starts to rise again after 25k , let's say end feb/early march, it will take the alts with him again.
Possible targets : Support at around 0.18$ , if that breaks, supp around 0.13/0.15$
I'm excited to see if i can get confirmation on all of this...
Not financial advice !
Goodnight for now !