On Friday, my indicator combo gave us a big old SELL, meaning dominance by Bitcoin is about to dump. This does not mean the price of BTC will drop. In fact, it could continue to rise.
What it signals is that the altcoin market is about to 🚀🚀🚀! Therefore, if Bitcoin rises, Altcoins will rise even faster. Get ready! The rocket ship is about to launch for alts. Bull run incoming.
What it signals is that the altcoin market is about to 🚀🚀🚀! Therefore, if Bitcoin rises, Altcoins will rise even faster. Get ready! The rocket ship is about to launch for alts. Bull run incoming.
Note
Expect another hit on the top of the ascending wedge before the collapse (coming soon). Again, this does not mean BTC will collapse. I happen to believe we'll reach 88-92k by the end of the year. This simply means that while BTC rises, alts/meme coins will rise 2-3x as rapidly. Be ready my friends.
Stewdamus Trades -
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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.
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Disclaimer
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.