This forecast is premised on the timing of the BTC Cycle Low around 20th February. KAS rebounds strongly from HTF demand around 0.05. This low might coincide with a Binance and / or Coinbase listing, or other catalyst in addition to BTC Cycle Low. From the current date (8th Feb), more downside is expected whilst BTC continues to range 90-108k. A deviation below RANGE (87-88K) would result in another severe drop for the Alt Coin market. On the contrary, if BTC breaks out of range to new ATH in February, we can expect an acceleration of this forecast
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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.