Eth leads alts and should give us a semblance of what to realistically expect.
Blowoff top to 0.054 into bitcoin halving in mid may. ($500-$550 area w/ $9500 btc)
Dump to 0.036 area ($270-$300 area w/ $7700 btc) when miners capitulate
Consolidate until Q4 before an end of year alt season to 0.07 ($1330 w/ $19000 btc).
Dump back to 0.036 area ($270-$300 area w/ $7700 btc) when stocks crash and everybody goes risk off in Q3 2021
Consolidate until new tax year (2022) then moon (hyperinflation) or zero (great depression).
Blowoff top to 0.054 into bitcoin halving in mid may. ($500-$550 area w/ $9500 btc)
Dump to 0.036 area ($270-$300 area w/ $7700 btc) when miners capitulate
Consolidate until Q4 before an end of year alt season to 0.07 ($1330 w/ $19000 btc).
Dump back to 0.036 area ($270-$300 area w/ $7700 btc) when stocks crash and everybody goes risk off in Q3 2021
Consolidate until new tax year (2022) then moon (hyperinflation) or zero (great depression).
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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.