It has been a month, so I think I should check back in on both the "ALTUSD Prediction" and the "BTCUSD Prediction" ideas last posted. I have decided to be lazy and update both ideas with this new "CRYPTO Prediction".
As we can see the “alligator jaws” of BTC vs. ALTs has widened. Both BTC and ALTS have remained under pressure since my last post, with ALTs underperforming BTC . The Coinbase ALTUSD index dropped to as low as 33!
My biases remain the same since my last updates a month ago:
BTC: Bearish / Near-Term Supports: 11,000(broken) -> 9,000 -> 7,500
ALTs: Bearish / Near-Term Supports (on ALT Index): 30 -> 25
As we can see the “alligator jaws” of BTC vs. ALTs has widened. Both BTC and ALTS have remained under pressure since my last post, with ALTs underperforming BTC . The Coinbase ALTUSD index dropped to as low as 33!
My biases remain the same since my last updates a month ago:
BTC: Bearish / Near-Term Supports: 11,000(broken) -> 9,000 -> 7,500
ALTs: Bearish / Near-Term Supports (on ALT Index): 30 -> 25
