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.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.