Crypto has exploded from its lows which almost grazed the ever ol famous bottoming number of 3k that many Crypto investors had been targeting for a bottom for much more than a year.
Its funny how relative prices are.
Did we bottom or have we yet to bottom?
I have no clue. At 3.2k I was wanting to see some volume signature that resembled capitulation. But it didn't happen. Because I was never convinced of a bottom, i will remain skeptical about us actually starting a bull market. IT's certainly a bull run and Maybe this will simply be a range bound effort for some time as BTC gathers a few years of consolidation before starting a bull market. I am not sure, and neither are you, whoever you are. Which is probably why its important to have a conservative system to play the breakouts until things are more clear. I do not want to downplay the immense strength of BTC in these recent weeks, and the chart never lies. So, currently I am going to play any breaks to either direction and try to remove any biases.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.