THIS CONTINUES TO AGE VERY WELL...
I posted this chart when we were still at the top of USDT Dominance, and Altcoins and #BTC were at their lowest points. If you were paying attention, you should have bought cheap and now be sitting on good profits.
The last time I updated this, we were at 6.94%, and today we're at 6.39%. Unlike the drop that took us from 8.14% to 6.94%, this current move stopped halfway, but it's quite likely we've formed a continuation pattern to the downside here. Don't rush it; it's playing out.
It's quite likely that next week we'll already be working our way into the red circle. Around 5.69% is where I'm very interested in watching, since it will determine whether the market has a small correction or not.
Once we move lower here, we'll see #Bitcoin attack the $90K region, which also gives us an area of extreme interest to watch.
With the next move down in this, we'll see altcoins make another good move up. Some will completely fill the 10/10 candle, while others will begin a new journey toward their ATHs.
The bears are completely wrecked from here.
I posted this chart when we were still at the top of USDT Dominance, and Altcoins and #BTC were at their lowest points. If you were paying attention, you should have bought cheap and now be sitting on good profits.
The last time I updated this, we were at 6.94%, and today we're at 6.39%. Unlike the drop that took us from 8.14% to 6.94%, this current move stopped halfway, but it's quite likely we've formed a continuation pattern to the downside here. Don't rush it; it's playing out.
It's quite likely that next week we'll already be working our way into the red circle. Around 5.69% is where I'm very interested in watching, since it will determine whether the market has a small correction or not.
Once we move lower here, we'll see #Bitcoin attack the $90K region, which also gives us an area of extreme interest to watch.
With the next move down in this, we'll see altcoins make another good move up. Some will completely fill the 10/10 candle, while others will begin a new journey toward their ATHs.
The bears are completely wrecked from here.
