we saw quite a dump last week after the downtrend was confirmed, but i'm definitely not ready to back down on my blow-off top prediction.
here's what i think a bullish response might look like. if i were swing-trading BTC against the dollar, i'd be looking at these 3 targets: (1) retest of the downtrend line (2) retest of the bull trendline (3) local buying pressure top in the $80-85k range
ETH and a few other altcoins have held up very well against bitcoin during this dump, which for me is a positive signal, and further validation of my decision to hold more ETH than BTC for the foreseeable future:
Not
bulls in control at the midpoint, looking ready to retest the downtrend. if price breaks above the trendline, this idea is still valid.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.