Macro bullish - but a couple weeks of slow grindIt looks like we're about to close this week with a HL, which is macro bullish. But reminds me a lot of the may crash. We put in a HL, then grinded down for the next few weeks, until we finally hit support after wicking to 29k. This is where everyone was screaming bear market. If I had to guess, we grind down to as low as 37k, where everyone will once again be screaming bear market, before pumping up. As long as these are just wicks, and we don't get any weekly closes below 42k, I remain macro bullish. Remember, on the bright side during the May-June weekly grind down, this is when NFTs were popping off. My theory? Find a narrative and play it. Keep in mind you'll have to find undervalued coins with this narrative. Current narrative I'm looking at is L2's and Metaverse (Infrastructure, not P2E games). Probably 2 months of grind down (if I'm correct) and then a pop off late Q1-early Q2 of 2022.
