Yesterday there was a lot of negative news and FUD surrounding $ETH. I think ETH has started to show weakness, and that ETH is lagging behind BTC. There are wicks below the light blue trendline, and ETH is still trying to break through the light blue resistance zone while BTC is pumping.
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Bitcoin dipped below $54.4k, but I think the price action looks fine. This drop could be a wick below the support line, which is common for Bitcoin. The Altcoin market has been holding very strong while the markets are red today. This is a good sign for the crypto market as we approach Uptober. Follow […]
Read MoreThe 5th of the month has marked the monthly bottom for Bitcoin in July and August. I think there is a good chance that Bitcoin bottomed out today, and is starting to form a rebound. My forecast for Sept is a rally from early to mid September followed by a decline headed into the monthly […]
Read MoreThe Altcoin market has experienced months of sideways price action, but is nearing the end of this pattern formation. There is a good chance of a bullish breakout and rally over the next few weeks so I’m buying some more Altcoins here and patiently waiting. This cycle has been different compared to the previous cycles […]
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Bitcoin dipped below $54.4k, but I think the price action looks fine. This drop could be a wick below the support line, which is common for Bitcoin. The Altcoin market has been holding very strong while the markets are red today. This is a good sign for the crypto market as we approach Uptober. Follow […]
Read MoreThe 5th of the month has marked the monthly bottom for Bitcoin in July and August. I think there is a good chance that Bitcoin bottomed out today, and is starting to form a rebound. My forecast for Sept is a rally from early to mid September followed by a decline headed into the monthly […]
Read MoreThe Altcoin market has experienced months of sideways price action, but is nearing the end of this pattern formation. There is a good chance of a bullish breakout and rally over the next few weeks so I’m buying some more Altcoins here and patiently waiting. This cycle has been different compared to the previous cycles […]
Read More