RE: Crypto Analysis | Markets Not Looking Great, but...
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I am still hoping that ~70 cents wasn't the top for this rally, but with a month of downtrend it's starting to look like it (also RSI is essentially confirming it)...I am waiting for a confirmation either way to make a new outlook (January had at least a green close). You chart looks good btw
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Thanks, me to hope we make a higher high, looks grim atm..
A follow up. Sharing my thoughts with you for your thoughts. Last cycle it took 210 days from market cycle low to the higher low. We are at 190 days atm, that's very similar, from the higher low it took 154 days for the cycle top.
A top in August seems very odd, but there is always a first. So you are expecting further selling until low 20s?
I dont know this is hard, but so far it have been mirroring previous cycle. I think the low might be in, it depends on if we make a higher high or lower high in a rally imo around the corner. Another view, some days old :)