In my opinion,it is better to consider several factors for long-term analysis. I tried to include the psychology of the market cycle and the Wyckoff cycle as well as technical analysis in this opinion. In my opinion,we are in the cycle of Wyckoff accumulation and we need a shock or a significant volume to use it to pass the accumulation phase and also the...
Cardano is in phase C of the wyckoff accumulation as well as the end of the elliott correction wave.
If the pattern and wave 2 are complete,there is a possibility that bitcoin will be break out again soon
If bitcoin reaches the 48k range,it's a good position to buy