If crypto total market cap is following wall street cheat sheet fractal:
Capitulation (3AC/LUNA) created first low
Anger (FTX implosion) created lower low
Depression creates final low
Prediction: we sweep the FTX lows from Nov/Dec 2022 creating an August 2015 style bottom in August 2023
Capitulation (3AC/LUNA) created first low
Anger (FTX implosion) created lower low
Depression creates final low
Prediction: we sweep the FTX lows from Nov/Dec 2022 creating an August 2015 style bottom in August 2023
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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.