There's an intersection of the downward channel of the log chart of total crypto market cap (colored RED), and the long term up trendline (colored GREEN) , should be before 24th March
Before then I expect a violent move.
It's very hard to give preference to one or the other at this point. All we can say for certain is that it will be a big move. I'd say a preference would be for a move downwards because we're still in a bear market.
However I remain optimistic because of Halvening Event approaching and because we've already fallen around the same amount of % as during previous crashes/cycles.
Before then I expect a violent move.
It's very hard to give preference to one or the other at this point. All we can say for certain is that it will be a big move. I'd say a preference would be for a move downwards because we're still in a bear market.
However I remain optimistic because of Halvening Event approaching and because we've already fallen around the same amount of % as during previous crashes/cycles.
Nota
We broke through the upper bound of that channel! (colored in red)That's a very positive development.
Declinazione di responsabilità
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.
Declinazione di responsabilità
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.