I guess we could see a mega crash this week (or weeks)- perhaps until next monday we could be at 7500.
After a few days or weeks of consolidation we could see a reversal.
Hopefully it will not go more down to 6k or even below.
ALTs will bleed like hell this week (or weeks) and many of them will see new alltime lows.
BTC.D (Dominance) will shoot to about 75% because currently it leave the ascending triangle and shoot more to the north. This already happens at the moment.
I guess it will be a funny week.
I‘m not encouraged enough to short BTC but I‘m totally out and will enjoy the week eating popcorn.
Maybe it will not happen within one week, maybe within 3-4 weeks - but I guess it will happen anyway.
Hopefully I‘m totally wrong (nevertheless I‘ll enjoy the popcorn...).
So that’s not a financial advice - it is only my personal view on the current situation.
After a few days or weeks of consolidation we could see a reversal.
Hopefully it will not go more down to 6k or even below.
ALTs will bleed like hell this week (or weeks) and many of them will see new alltime lows.
BTC.D (Dominance) will shoot to about 75% because currently it leave the ascending triangle and shoot more to the north. This already happens at the moment.
I guess it will be a funny week.
I‘m not encouraged enough to short BTC but I‘m totally out and will enjoy the week eating popcorn.
Maybe it will not happen within one week, maybe within 3-4 weeks - but I guess it will happen anyway.
Hopefully I‘m totally wrong (nevertheless I‘ll enjoy the popcorn...).
So that’s not a financial advice - it is only my personal view on the current situation.