Look out for the following levels. It is still at golden entry level. Final target can be up to the ATH level. With Blackrock investing in FRAX, it will soon take off.
Holding the trend very nicely. We may see significant upward movement very soon. Target 1: 13490 Target 2:17800
For the last couple of days Bitcoin has been breaking ATHs daily and the ALT coins are continuing to suffer. This has been largely correlated to bitcoin dominance over the previous cycle. So, I tried to analyze what will be the peak of bitcoin dominance this cycle. Look out for 63.83 % level as this looks to be the top of BTC dominance this year.
As BTC's dominance continues to rise, altcoins, and smallcaps, continue to suffer. This might be the chance to accumulate or wait for a more significant dip for better gains. These are the key levels to watch for HIPPO. Don't miss out on the gains once the pullback is over.
As BTC's dominance continues to rise, altcoins, especially small caps, continue to suffer. This might be the chance to accumulate them or wait for a more significant dip for better gains. These are the key levels to watch for NEIRO. Don't miss out on the gains once the pullback is over. #BTC #NEIRO #MEMECOINS
Here is a detailed analysis based on Bitcoin's previous cycle. Analyzing the previous cycle chart on the weekly timeframe revealed an interesting report on the importance of technical analysis. We could have easily predicted the blow-off top by using Fibonacci retracement on different tops and pullbacks of the previous cycle. So, I used the same analysis this time...