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15 jul 2020 05:56

BTC - The Big Picture Lång

Bitcoin / U.S. dollarBitstamp

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With the ridiculous DeFi rally leading alt coins to ATHs left and right - things are starting to feel a lot like the sideways price action of late 2015 - mid 2016..
dETH release..ICO's..AlTcOiNs. Meanwhile, BTC chops sideways destroying volatility.
We all know what happened next.

If the events in March really were a minor wave 2, we are going to see something like 30k in the blink of an eye when this range resolves.

Our other major alternative is an elongated triangle (not displayed) taking up back down to 5-7k.

Quite the ride as always.

Kommentera

Signs of life. :')

Kommentera

Incredible.
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