TA wise, BTC looks like we are close to a top - I think 110k can be the cycle top:
Bearish Divergence, 5 Legs up.
Altough I think we get a Santa Rallye on alts, we still have to consider many people front running it.
For BTC, we might really get the US turning on its money printer straight into BTC, this would lead to a giga bullrun. If this isn‘t coming, I think BTC has finished (for now).
As long as BTC stays above 100k, I think alts will do fine.
It would be perfect, if we sideways above 100k for a few weeks. I kinda feel like this bullrun is over sooner than many think tho.
For now: I keep holding.
Bearish Divergence, 5 Legs up.
Altough I think we get a Santa Rallye on alts, we still have to consider many people front running it.
For BTC, we might really get the US turning on its money printer straight into BTC, this would lead to a giga bullrun. If this isn‘t coming, I think BTC has finished (for now).
As long as BTC stays above 100k, I think alts will do fine.
It would be perfect, if we sideways above 100k for a few weeks. I kinda feel like this bullrun is over sooner than many think tho.
For now: I keep holding.
DiveInDefi
Btc has has a pretty weak reaction at 100k …
We diped right to 99k after this but yet are up again.
Let‘s see how the next days play out. Especially the stock market will decide the fate of BTC and a (potential) alt season.
Let‘s see how the next days play out. Especially the stock market will decide the fate of BTC and a (potential) alt season.
Is it over already? This wasn’t an alt season. But I am used to get disappointed in this market lately ngl
5 waved down btw. TA wise this should be the bottom.
But I don’t feel like calling any bottom after 100k held so poorly
But I don’t feel like calling any bottom after 100k held so poorly