Hello everyone,
I am posting this analysis to announce that I believe that BTC bear market confirmation will occur when BTCUSD rises to around $61,000. I believe ALT coins will rise drastically once BTC begins to rise and reaches this level and I plan to short BTC when this occurs.
Once BTC reaches this level I believe the entire market will fall with BTC and plan to DCA my favorite alt coins around this time next year.
Good luck. Happy Holidays!
I am posting this analysis to announce that I believe that BTC bear market confirmation will occur when BTCUSD rises to around $61,000. I believe ALT coins will rise drastically once BTC begins to rise and reaches this level and I plan to short BTC when this occurs.
Once BTC reaches this level I believe the entire market will fall with BTC and plan to DCA my favorite alt coins around this time next year.
Good luck. Happy Holidays!
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Also would like to add that we could see more downside for the whole market if BTC does fall down to support at around 42k. I think this is likely, but it is crypto. It could just send it to my sell targets.