The Crypto Market is clamping between resistance and support
Break out is inevitable. This will be the second time the crypto Market has been in a clamp but this is the only time in history that it has been perfectly symmetrical. Regardless of world economics and inflation fear, taxes, war or however you want to explain why the market moves money is always ready to pour into the market. Justify your ideas however you want to but the truth of the matter is we have still been recovering from worldwide major changes especially with Bitcoin and now that the house rate is way higher than it needs to be it is prepared to receive the volume in transactions for the market. I don't know where the price is going to settle before it explodes and up to 1000% crypto Market boom will take place over the next 5-10 years.
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.