I am inclined to think that this has good pump potential, for two reasons:
- Justin's forthcoming lunch with Buffet could provide sufficient hype and excitement to fuel a "buy the rumour" type of market reaction
- If the first leg up was an impulsive wave 1, then in crypto it's not unusual for the cycle high to top out at the 2.272 or 2.414 extension or even higher.
That gives us a target of 43 sats . Invalidation would be a drop below 13 sats with OBV taking a downward turn.
THIS IS NOT TO BE CONSTRUED AS FINANCIAL ADVICE. DO YOUR OWN RESEARCH.
- BTC dominance rising sharply
- BTC price breaking to the upside
- Liquidity being sucked out of alts - market wide blood
- Expecting further drop on BTT... may re-enter at signs of reversal.