We all want a bull run right? If we can manage the completion of the right shoulder, this huge inverse head and shoulders is going to lead us to a nice run-up.
Also with fundamentals looking stronger than ever and increasing mainstream presence there is no reason for BTC to keep dipping.
HODL~
Also with fundamentals looking stronger than ever and increasing mainstream presence there is no reason for BTC to keep dipping.
HODL~
Aside from technicals: ETH has been seeing higher lows and starting to look bullish. It seems that the price action of ETH has been leading BTC around in the last few weeks. ETHBTC has been going up, signaling a reversal of the previous trend.
Also, alts have fully bottomed out. I have hedged against BTC downturns by going into alts since dollar value of many alt market caps are not going lower. If dollar value is not decreasing but BTC dips, that means the alt/btc pair is going up.
Let me reiterate that again: we are at a market bottom where good alt/btc pairs cannot dip anymore! This is a sign of the impending bull run, as many will realize this is the time to buy back into alts, and that BTC will not get any cheaper.