The importance of next week for crypto
This chart highlights the importance of the market for crypto. If bitcoin is unable to reclaim its prior trading range in the coming weeks this could create a scenario as we see above.
The scenario above is where altcoins make their last run. Capital then flows from altcoins and towards bitcoin as the market pulls back. There is no new high to be had during the cycle.
History does not repeat, but often rhymes. Let's hope instead we got a new soundstrack here...
The scenario above is where altcoins make their last run. Capital then flows from altcoins and towards bitcoin as the market pulls back. There is no new high to be had during the cycle.
History does not repeat, but often rhymes. Let's hope instead we got a new soundstrack here...
Your Pulse on Crypto,
Ben Lilly
Ben Lilly
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Your Pulse on Crypto,
Ben Lilly
Ben Lilly
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.