đ„ Crypto Marketcap On 3 Year Support: Perfect Time For Entry
The total crypto marketcap has seen weakness over the last two months. However, it appears that we've found support (for now) at a huge diagonal support line which goes from the COVID lows to the 2023 open.
This support falls in perfect conjunction with my Bitcoin analysis which discusses the idea that ~25k functioned as a spring for another leg up, see below.
So, the total marketcap is on a huge support together with BTC, and a lot of alts are currently oversold on the daily RSI, perfect conditions for bulls to step back into the market.
Do you think that the bottom is in, or that we're supposed to go lower in the near future? Share your thoughtsđ
This support falls in perfect conjunction with my Bitcoin analysis which discusses the idea that ~25k functioned as a spring for another leg up, see below.
So, the total marketcap is on a huge support together with BTC, and a lot of alts are currently oversold on the daily RSI, perfect conditions for bulls to step back into the market.
Do you think that the bottom is in, or that we're supposed to go lower in the near future? Share your thoughtsđ
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