The target of bitcoin if the inverted head and shoulder plays out will be around 58k. Keep in mind at 52k there is a strong resistance.
If the Ukraine Russia crises will subside this week so we have a real possibility to get to the targets
You are very welcome)
Bitcoin is approaching to the end of the 1st quarter of the cycle (ends in November) It will start consolidation/correcting.
Bitcoin dominance is on the rise and its higher than the previous cycle, but it usually drops when Bitcoin is consolidating in the first quarter of the cycle.
Defi, dexes and ecosystems are going to move BUT it seems the narrative in this...
The first quarter of the cycle we always see a surge on bitcoin dominance but should see it drops with the next mini correction that will happen any moment.
In the second quarter of the cycle I think we ll see a drop in BTC D. and alts start
Axie obviously looks the strongest out of the three projects I currently hold
The narrative in this cycle seems to be: BTC, BCH, memes and gaming.
Defi didnt move this cycle as much as the previous one.
HOWEVER its early in the cycle and BTC is always strong in the beginning.