ICP update. potential outcome
We have seen ICP move to the upside but with BTC dominance going up, ICP vs BTC has been absolutely taken a hit. if you take a look at the ICP/BTC dominance its dropped off trend. depending on how BTC performs in the upcoming week, we could see most alt still struggle to gain any momentum. i drew a couple outcomes that could possibly happen, this ofc depends on BTC. at this point when BTC falls, ALTs will usually gain. ***NFA***
we could possibly see it come down to see the 34-35 range and at as a spring and shakeout majority of the traders and to trap the shorts. ICP is pretty volatile, i would take caution.
we could possibly see it come down to see the 34-35 range and at as a spring and shakeout majority of the traders and to trap the shorts. ICP is pretty volatile, i would take caution.
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