BTC forecast for this bull market

16 ธ.ค. 2021

Earlier months clearly indicated the formation of distribution and accumulation areas. We are most likely back in an accumulation zone. After the breakout of the trend line on the RSI indicator we will observe the dominance of BTC. Altcoins should follow BTC after a few days. There will of course be some consolidation zones and smaller corrections along the way. Once we break out the top on BTC, altcoins will start to absorb capital. As was the case in 2017 and the May 2021 peak, the peak on altcoins should chart out with a move of about 2-3 weeks.