When you see a coin like this that has been flat for some time suddenly spike and make this kind of move. You need to pay close attention. It seems more and more likely that crypto has begin its bull market, catching up with Nasdaq and Gold.
This is just part of how capital flow and moves.
The confirmation comes move looking and analyzing thousands of coins that are available, looking at their consolidation phase and see how these coins perform.
As more and more coins breakout after this long accumulation phase, we have more and more indication that the bull market and distribution phase as begins. This is capital flows.
But, the analysis needs to be complete, i.e by looking at how the financial market performs, and all the rally in the stock market may sometime sooner spill into crypto.
Its not about fundamental. Its about capital flow.
Don't reach out to me.
Regards.
This is just part of how capital flow and moves.
The confirmation comes move looking and analyzing thousands of coins that are available, looking at their consolidation phase and see how these coins perform.
As more and more coins breakout after this long accumulation phase, we have more and more indication that the bull market and distribution phase as begins. This is capital flows.
But, the analysis needs to be complete, i.e by looking at how the financial market performs, and all the rally in the stock market may sometime sooner spill into crypto.
Its not about fundamental. Its about capital flow.
Don't reach out to me.
Regards.