Both macro cycle lines represent a potential for a bounce.
The light blue line supposes a shorter and steeper cycle.
The purple line supposes a longer cycle with more room for correction.
Both cases are bullish, but the question is how long will we have to wait.
The light blue line supposes a shorter and steeper cycle.
The purple line supposes a longer cycle with more room for correction.
Both cases are bullish, but the question is how long will we have to wait.
Comment:
A lot of altcoins are seeing sideways movement in anticipation of larger moves.