Hi folks.. it seems like total market cap (global) cant cross the 400 billion line and I expect a retrace back to 8300$ BTC levels (short term, next 4 to 5 days). (see the black line and red arrow)
But then again, the retrace is only a retest lower levels to gain traction and needed volume to break trhough the 9.1k barrier thats holding the actual trend down for...
ETH, looks to be in the same position as the rest of the market. Looks like after this small pause is complete, we move higher to new recovery highs and peak out for this wave at just below $1000.
The next sell off leg is the 3rd major down leg. Looks to bottom near $500.
$450 is my lower bound.
Afterward I forecast the price of ETH and the entire crypto...