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 numbers are showing price action combined with the MACD?
Ben_Lilly
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@Crypto-pirate, MACD was not suppose to show up here. The numbers just help a reader reference the notable points. I plan to dive into further in jarvislabs.substack.com today