BTCUSDFrom what history from 2017 tells us is that those consolidation periods, that we are currently experiencing, can take longer (up to 2 months before price reaches the top again). Correction can take up to 2 weeks before it reverses upwards. Again, i am only backing this up with historical price action from the bull run 2017 from a similar time frame.
Note
After deeper correction, alt season will start. time will tell anyway. I am not financial advisor so don't by anything i say.
Note
It looks like BTC is preparing for another deep before altcoins decouple from it and the alt season starts. Will see, anything could happen at this point.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.