On the last crash, we came down and touched the 200 SMA and then when the dust settled we took off for a 40% gain on the market over the next 30 days roughly.
This time around we are doing the same so far, we came down and touched the 200 sma.
My Prediction is that this attack on crypto will lack any sort of real agency. They can try to cut off the money supply but its like trying to seal up a leaky vessel, money will get on and into exchanges anyways. Peoples fear will fade, and we will go back up. Because right now the SEC can only file papers in court and try to scare us.
People should be laughing an Gensler and the SEC. We should V recover up to about 1.44T in the next 15-45 days.
Then the real blastoff happens, heading into the next halving.
Here is why, and this all hinges on one thing, the XRP case, which is comin to a close.
A favorable outcome in this case will DESTROY Gensler and warrens "Attack on Crypto" because it will invalidate one of their main accusations which is that all ALTS are securities.
Hey Gensler - Bye Felisha
BOOM, market explodes.