It looks really bullish to me. We've already bottomed out and reversed in June. An unlikely breakdown to 4800 would be a flashcrash caused by a whale that would instantly reverse; the crypto space is evolving and strengthening and all the panic selling is over. I think we will start seeing significant and irreversible upward momentum in early November once the SEC green-lights Bakkt (and they will).
(This is just my opinion. I'm not a financial advisor.)
(This is just my opinion. I'm not a financial advisor.)
Related publications
Disclaimer
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.
Related publications
Disclaimer
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.