Bitcoin and Crypto Market Selloff Analysis (Buy Now or Wait?)
On the one hand, this was a needed mini selloff, likely liquidating more leverage out of the system and resetting funding rates.
BTC trying to hold $68k and ETF money still goes brrr...
Will money flow slow, or we get another big push up Monday?
Lots of buy order blocks around $60k up to
64K
and the crypto day traders are shorting now with that target in mind.
I do expect resistance at the former Market Cycle (Total Market Cap) at $3T.
At least many altcoins are holding here at their 21 day EMA's.
Also a few standouts looking good here for DCA buying.
What do you think?
BTC trying to hold $68k and ETF money still goes brrr...
Will money flow slow, or we get another big push up Monday?
Lots of buy order blocks around $60k up to
64K
and the crypto day traders are shorting now with that target in mind. I do expect resistance at the former Market Cycle (Total Market Cap) at $3T.
At least many altcoins are holding here at their 21 day EMA's.
Also a few standouts looking good here for DCA buying.
What do you think?
23-year investor, trader, and early investor in Bitcoin & crypto.
For more information visit:
Moonstream Crypto: www.Moonstream.io/M3
Custom Indicators: www.CryptoMastery.org
Blood in the Streets Report:
www.moonstream.io/report
For more information visit:
Moonstream Crypto: www.Moonstream.io/M3
Custom Indicators: www.CryptoMastery.org
Blood in the Streets Report:
www.moonstream.io/report
