QUANT DECOUPLED FROM BITCOIN - BEARTIME GAINS?
The last time we saw a coin divert like this from bitcoin during a general market downturn was LINK in 2019-2020. If things continue as they are, imo QNT is the comfiest coin to hold during a full blown 2-3 year bear.
Quant is still in a textbook bull run (higher highs, higher lows, previous resistance turns support) but that will be invalidated if it can't hold 50 dollars. if that happens, expect that standard 85-90% downturn to around 15 bucks or so.
Quant is still in a textbook bull run (higher highs, higher lows, previous resistance turns support) but that will be invalidated if it can't hold 50 dollars. if that happens, expect that standard 85-90% downturn to around 15 bucks or so.
Note
This is what I'm looking at in the near term. Selling when/if the parabola is broken.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.