Bearish scenario is more likely. So far lengthening cycle theory still has a chance to play out, however we've been in a several month bear market already... also the double top on Bitcoin last year is way too strong over over look at this point.
As the war and regulatory uncertainty continues in the US, we could continue to see depressed crypto prices going into summer.
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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.