BTC at bottom support and moving in similar fractal as in May'21
BTC testing the bottom support just above the macro 1.618 fib (from the previous cycle top to bottom)
As the DXT looks like it's starting to reverse, we may see this long term downtrend for crypto in general start to reverse as well.
wether this is a short term bounce (relief) or a more sustainable uptrend remains to be seen.
Just looking at the May '21 fractal, the first part took roughly a month, and the 2nd part also.
This time the first part (if this is a similar fractal) took 3 months, so could we assume a 3 months part 2? or will this market start to accelerate rapidly for the final part of this run?
Or of course 3rd option... market crash...
As the DXT looks like it's starting to reverse, we may see this long term downtrend for crypto in general start to reverse as well.
wether this is a short term bounce (relief) or a more sustainable uptrend remains to be seen.
Just looking at the May '21 fractal, the first part took roughly a month, and the 2nd part also.
This time the first part (if this is a similar fractal) took 3 months, so could we assume a 3 months part 2? or will this market start to accelerate rapidly for the final part of this run?
Or of course 3rd option... market crash...
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