From a technical perspective, the recent reaction at the lower trendline of the parallel channel since 2016 has been respected many times, and once again, it has held.
I anticipate that the price will explode in the next several months. We just need to be patient and wait for the Fed to pivot their monetary policy, and then cryptocurrencies will soar. Global liquidity has been rising, which is positive for cryptocurrencies. My prediction is that in May, we will finally start to see some significant bullish price movement, and this trend will continue for many months thereafter. Stay patient.
Let me know what you think.
Best regards.
I anticipate that the price will explode in the next several months. We just need to be patient and wait for the Fed to pivot their monetary policy, and then cryptocurrencies will soar. Global liquidity has been rising, which is positive for cryptocurrencies. My prediction is that in May, we will finally start to see some significant bullish price movement, and this trend will continue for many months thereafter. Stay patient.
Let me know what you think.
Best regards.
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.