Many on crypto twitter seem under the impression that altcoins broadly are about to enter a bull market in the immediate future, however I'm not terribly confident in this for a few reasons;
- many coins are still far above their previous accumulation ranges
- BTC being heavily bearish would imo make big players wary of accumulating large bags and holding them for a protracted period, both of which would be necessary to see a dramatic turnaround
- many coins are still far above their previous accumulation ranges
- BTC being heavily bearish would imo make big players wary of accumulating large bags and holding them for a protracted period, both of which would be necessary to see a dramatic turnaround
Nota
Wew lol. Didn't realise the lower chart would be included. Unrelated to idea just some short term trading I was doing :^)Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.