A double top signal can be spotted on the short-term 4h timeframe but there isn't enough strength for a buy opportunity to take place.
When Bitcoin corrects or takes a pause, this is a chance to buy and while this happens, the Altcoins grow.
Dropping to the next support would activate sideways motion, additional consolidation and this is good... Consolidation is needed to continue with the massive growth.
All trading above $20,000 is extremely bullish.
Ultra-bullish while Bitcoin stays above $22,222+.
As Bitcoin enters a sideways range... The Altcoins will continue to grow.
The Altcoins need time and Bitcoin is happy to rest while the rest of the market catches up.
I noticed that many of the main Altcoins are yet to produce a new high while Bitcoin and Ethereum did so.
This is only a temporary pause... We are set for continued growth.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.