CR35

BTC Deeper correction possible.

CR35 Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
BTCUSD


From what history from 2017 tells us is that those consolidation periods, that we are currently experiencing, can take longer (up to 2 months before price reaches the top again). Correction can take up to 2 weeks before it reverses upwards. Again, i am only backing this up with historical price action from the bull run 2017 from a similar time frame.
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After deeper correction, alt season will start. time will tell anyway.
I am not financial advisor so don't by anything i say.
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It looks like BTC is preparing for another deep before altcoins decouple from it and the alt season starts. Will see, anything could happen at this point.
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