I think I'm starting to turn from bearish to bullish. In the bear season, we do not see the alts growing like this. We need to wait a couple of days more to see if this plays and this mcap heads towards 1 trillion and alts will shine again
This looks very promising for the bull season continuation...
Total Crypto MCap excluding Bitcoin trying to break out from that resistance zone. If it breaks out we will see 1 Trillion again and alts will fly!!
BTC should break that strong resistance to confirm bull season continuation. Following that carefully.
Alts usually follow Ethereum so this is an important breakout - let's see if it has enough force
We got some bullish moves from the event. #BTC pushed till $32,600 even more to the resistance zone and got a strong rejection wick from there. Currently, the price trying to hold above the $31,500 level, which seems to be good. We need to break above the $33,000 level for bullish continuation.
The support area has to hold or we can say welcome the Bear season
Does it follow the Elliot wave pattern inside the rising wedge? Looks very promising
Following total market cap without bitcoin. We need to break out from that red area and then we see alts blowing again...
If we break the support line you know where we go. If the support holds and we keep in rising wedge we have hope for $40k
When looking long-term target for Bitcoin we should always use a logarithmic scale. There is FUD going on where BTC is heading to sub $7k levels in 2022. Do you see it? Long-term holders always win!
Just buy low and sell hi :) Wait this gem to drop and then rebuy at strong support (20 sats). Sell between 140 - 200 sats...
Breaking this trend line we will see an additional surge in price!
Let's see how it goes...
At the same time, BTC dominance is dropping so ALT seasoning seems to continue!!
The bull run will continue. Keep or buy your favorite alts!
If we get the confirmation during the coming days bull market will continue - otherwise, we might end up to longer bear market :(
Do we see Replay from 2017/2018?