Something that I consider for the next few months.
More of a neutral plan neither bullish nor bearish. We’ve had a similar pattern around Q1-Q2 2023.
It’s proven that a slow and choppy market is worse for traders than a downtrend market, which is why I believe we could see something like this to clear all the positivism from the last 2 months.
Probably a move to the 89-92k zone and Ethereum around 3k before we enter this consolidation move. 📉
Usually such periods last from 90 to 130 days, so if we entered it around the end of October, early November, we should be out by Feb/March next year. 📅
My only question is what will alts do in that time. I really cannot see a scenario in which bitcoin Dominance moves another 4-5 months sideways. 🤔
$RLC $RAD
More of a neutral plan neither bullish nor bearish. We’ve had a similar pattern around Q1-Q2 2023.
It’s proven that a slow and choppy market is worse for traders than a downtrend market, which is why I believe we could see something like this to clear all the positivism from the last 2 months.
Probably a move to the 89-92k zone and Ethereum around 3k before we enter this consolidation move. 📉
Usually such periods last from 90 to 130 days, so if we entered it around the end of October, early November, we should be out by Feb/March next year. 📅
My only question is what will alts do in that time. I really cannot see a scenario in which bitcoin Dominance moves another 4-5 months sideways. 🤔
$RLC $RAD
