TOTALNot advice. Tracking my ideas.
This is looking at where I see the overall crypto market going over the next month or two. I still primarily look at the bitcoin chart, but believe this chart will continue to grow in value as crypto grows overall.
I'm calling for a rally into the new year and through the weekend of 1/8 to $2.35 Trillion. Following the move up I see a 15% collapse in the two weeks after down to the $2 Trillion area, a short rebound to resistance, and then continued downwards movement to $1.90 Trillion through the first half of February. After some sideways we finally see a sharp rebound in the middle of February, but not to new all-time highs. Bearish overall, but I am hoping for opportunities to buy low and sell higher.
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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.