Good day dear Cryptoians!
in my eyes there could be a retrace to around $55k-$57k in the near future. The pattern I've superimposed on this case is the April-July 2018 bitcoin. It's amazing how well these two patterns fit together.
I agree with many others here that we are at the beginning of what is known as a "crypto winter". But to initiate this time, I personally still need a retrace to the 0.65 Fibonacci retracement. With this last "bounce" I also see a chance for a last "altcoin season".
But Bitcoin dominance will tell us that when the time comes. Whether rotation occurs or not.
Ultimately, everyone should be looking forward to the upcoming Cryptowinter. It's not every day that you get such great shopping opportunities! ;)
Please leave a like if I liked my short analysis, I would also like to write in the chat...
no financial advice -
in my eyes there could be a retrace to around $55k-$57k in the near future. The pattern I've superimposed on this case is the April-July 2018 bitcoin. It's amazing how well these two patterns fit together.
I agree with many others here that we are at the beginning of what is known as a "crypto winter". But to initiate this time, I personally still need a retrace to the 0.65 Fibonacci retracement. With this last "bounce" I also see a chance for a last "altcoin season".
But Bitcoin dominance will tell us that when the time comes. Whether rotation occurs or not.
Ultimately, everyone should be looking forward to the upcoming Cryptowinter. It's not every day that you get such great shopping opportunities! ;)
Please leave a like if I liked my short analysis, I would also like to write in the chat...
no financial advice -