Money. Add more? In what? Alt or btc?
Altcoin are not "dead".
But it's clear that the accumulation has already been made (relatively to the actual market cap).
In early october, we got the insane market order buy (true?).
that avoided a durable "bearish" daily market sentiment (cross between yellow and blue ichimoku line).
Now this sentiment is back, and we are under the cloud.
The altcoin market cap volume is still high (vs the situation in october) (aka "diamonds hand") (obv blue line in the lower window).
So now, what are they* gonna do?
Inject more money??
And in what?
Altcoin? Bitcoin?
So the dxy should drop for that kind of scenario.
And if this was a contracting flat pattern (weekly)?
=> It will break the top.
Thus, gold, would drop.
Bad for the market actors (spx, and so) looking for a hedge for months into it.
(btc.d in orange; lower window).
But it's clear that the accumulation has already been made (relatively to the actual market cap).
In early october, we got the insane market order buy (true?).
that avoided a durable "bearish" daily market sentiment (cross between yellow and blue ichimoku line).
Now this sentiment is back, and we are under the cloud.
The altcoin market cap volume is still high (vs the situation in october) (aka "diamonds hand") (obv blue line in the lower window).
So now, what are they* gonna do?
Inject more money??
And in what?
Altcoin? Bitcoin?
So the dxy should drop for that kind of scenario.
And if this was a contracting flat pattern (weekly)?
=> It will break the top.
Thus, gold, would drop.
Bad for the market actors (spx, and so) looking for a hedge for months into it.
(btc.d in orange; lower window).
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