NEAR / Bitcoin

NEAR/BTC midweek analysis.

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Midweek NEAR/BTC analysis:

On the NEAR/BTC chart we can clearly see a V-top in the structure. This structure is less dramatic than a M-top. The V-top means that we are going to revisit the tops again sooner then with an M-top. BTC is on a roll today with an average of 10% upside. This is very likely to continue on the short term meaning that the altcoins will take a small hit. However everytime a not so fundamentally coin (Shiba Inu) reaches new highs that is an indication of an altcoin that is going to start. Strap yourselves and get ready for take off!

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