I'd like to see 92.5 hold here but think that 87 is on the table and will have to hit that area to hit my low target of 46.5 as i stated two weeks ago when I started posting NVT charts again. As far as a bearish cross of Ma10 and 20, it's a strong possibility, I hope this does not happen. but it's getting close this would be really bad for Bitcoin. I'm bullish to 62 k should we bounce from the 46.5 k level, I am expecting a bounce and looking at my BTC dominance chart, I"m also expecting another Alt pump from Here, todays BTC dominance is lower than yesterday and Alts Market cap Is green, Good for Alts. when I say I'm long I mean at 46.5 K long BTC and I've been long on Alts now for weeks. This won"t change for a while.
Note
Lose 87 on NVT and I'll see you at the lows around 24K BTC which will be 54.1 around May1, 2021 NVT
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.
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.