adjusted for inflation, no value is being created, stonks are at same major resistance since pre-covid, pre-subprimes crash, buckle up
BTC almost at channel lows I'm expecting bottom around low 20ks DCA'ing + bidding 23k Would assume bottom's already in if monthly closes above 33k - not financial advice
Fib says 2022 bottom a bit above 21300$, next cycle top near 150k$
Most Alts weekly charts will need a multi-week/months cool down at some point soon-ish, if history repeats itself: Alts giganuke when BTC.D reaches 39% See full BTC.D chart history in my other post (APESZN 2020-2021)
doomlines i'm watching. break lower trendline vs. bounce from here? break 29k support --> dump to 19k "why did the government allow this to happen?" for now i still bullieve we're in bullmarket and that we are defining the bottom of the NEXT bearmarket right now. good luck 🍀
BTC V shape bounce from here, straight to 75k+ in 2 candles? then BTC profits flow into ETH BNB and DeFi again after the ETH upgrade, until EOY?
total alts dip + ranging, then moon at every MACD Cross
Alt Season 2017 ended with the blow-off top Dec-Jan 2017, BTC.D got rugged on BTC chart: top + giga bull trap, ~ 2-week span to take profits This could be a possible signal for 2021 Alt Season top as well?