If we enter that breaker, a zone that I've already discussed but swayed away due to my impatience, go in heavy on altcoins.
OTHERS to 120bil would cause extreme pessimism, while structurally it would be extremelly bullish as that would be the ending of a C of an ABC: a wave that destroys hope with its strength. But on the other hand is a finishing move and often leaves nice wicks. All the while we're entering a macro bottoming period ( About 3-4 more weeks and we'll know for sure. Hopefully a quick sweep if we do get there, accompanied with some FUD narrative. Be prepared for this scenario as it's very much legit and wait before buying alts.
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If we enter that breaker, a zone that I've already discussed but swayed away due to my impatience, go in heavy on altcoins.
OTHERS to 120bil would cause extreme pessimism, while structurally it would be extremelly bullish as that would be the ending of a C of an ABC: a wave that destroys hope with its strength. But on the other hand is a finishing move and often leaves nice wicks.
All the while we're entering a macro bottoming period ( About 3-4 more weeks and we'll know for sure. Hopefully a quick sweep if we do get there, accompanied with some FUD narrative.
Be prepared for this scenario as it's very much legit and wait before buying alts.