Last lows retest, could see a bounce
Its almost a week before halving now, is it possible we dump now aswell?
We might bounce from the trendlines a bit more, but the dump is highly likely
We might range here for a while
The only support before the massive dump is now acting as massive resistance, safe place to buy eth around $50 to $25
We are currently at a strong resistance, we would need to dump to the $1,000 region for a safe place to long to appear
These are the two possible bottoms i see for SPX500, If we have a recession we might bottom at the upper green area, and if we have a depression we might bottom at the lower green area
Safest place to long is at 0
We have retested the bottom logarithmic growth curve which is historically the cause of the next bullrun
Multiple supports in the area below current price, good time to stack longs / buy bitcoin
We are also at 0.5 on the fibonacci sequence
Bitcoin will likely go to 11k, and then have a traceback, and subsequently have a downtrend to probably around 8.4k Its also possible we pump to around 11.3k and then go down after touching some key resistance points on the chart
As we can see, Bitcoin has successfully broken a very strong resistance meanwhile majority of alts are still under the resistance as well as that, the bitcoin dominance chart appears to be reaching support, all of this data would suggest that bitcoin is about to have a decent bull run and the alts are all going to drop soon, I have picked out 2 alts (ADA and ETH)...
As we can see, Bitcoin has successfully broken a very strong resistance meanwhile majority of alts are still under the resistance as well as that, the bitcoin dominance chart appears to be reaching support, all of this data would suggest that bitcoin is about to have a decent bull run and the alts are all going to drop soon, I have picked out 2 alts (ADA and ETH)...
Bitcoin has finally broken this very clear resistance, will we continue to go up now?
We have reached a clear area of resistance
We have reached some pretty basic horizontal resistance