Fractal taken from April to the May nuke
- overall i'm still pretty bullish because from a high time frame we are simply in a range between 30 and 60k
- my main concern that i've noticed develop since the start of Q4 is that it seems like there are no new buyers stepping in
- when BTC had it's first failed breakout to ATHs at the start of Oct it stalled and we...
BTC from a macro POV may have found a local bottom around this area creating and possibly Higher Low
If this is the case it will likely chop for several weeks before a continuation higher
A bit of hopium during these trying times. Inspired by satsdart's deja vu: twitter.com
Taken from April 17th crash with a similar draw down around 25% all the way until previous ATH in May.
Fractal taken from ETH 2017 h/t TechDev twitter.com
- Good narrative with L2s
- Should pump with ETH if it makes a run like it did in April / May
- One of the strongest coins off that recent BTC nuke