Its been a year of a sledge ride in the chaotic city of crypto. Luna crash,Ftx scam,Silvergate and Co crash et al and we still here
From this BTC chart,we aint out of the woods yet even though BTC.D is taking precedence. Just following the market dynamics until btc successfully flip that 35k 'R' region and hold 'S" or not break below the 25k 'S'' Volume has been in a progressive trend RSI on all the HTF has flipped bullish Market sentiment is a bit in the middle. I am also seeing a likely IHS pattern on Daily TF chart....That is also a positive bullish pattern.
There has been a little change in my stance in my last BTC chart at around August 2022 and my stance still remain the same. BTC bounced from the one of the 2 of my expected 'S' region (15k). Patiently waiting for the 35k ''R' flip and then i can say we are geting close to kissing the bulls. Crypto shopping season about to come to an end for BTC.
As for the Alts,it is still buying time until 2024.Just stick with sound and credible projects cos there is lot of corporate scammers out there. Stay SAFU! Sadly,not all your alts will make it out of this 'tears' season but i am happy some projects i dived into continue building and growing their stake in the market. for instance- Sol(the most hard hit blockchain but still standing),Matic, Avax, Kda, Vet, algo and AGIX(the AI project), Labs or the new kids in the block like Arb,Op,Aptos etc. Cant say the same for projects like serum, Ren, Ray, ftx, luna,Cys,Cwar etc mostly built on solana blockchain
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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.