So far nothing real has happened, still moving inside of the bull flag, almost perfectly even. There is not much room left, it has to happen in the coming day or 2. That thick green line should be the max for a drop, but to remain a strong bull flag, it's actually important to keep the higher lows inside the flag intact. So it should stay above 616 from now on.
Since this one shows the crypto market without Bitcoin., i think that if we see the break up, this one will show how much potential Bitcoin' will have. Because i expect either the BTC' rally to turn below the 4600ish, or if that zone breaks, we might even see 5k+ prices. I don't see a big rally happen without the support of the alts.
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.