Here I see a correction that will transform into a bullish impulse, notice the C wave... It can happen that the correction is not over and the C wave goes a bit lower, once more, before turning bullish. This scenario doesn't have to be a primary one but it tends to happen. Always when the low is in and the reversal seems imminent then the market tends to produce one final flush. This is not relevant for most strategies but it is still good to know.
PEAQUSDT, maybe it will grow. It is currently trading at bottom prices with some very early recovery signals. When buying at the bottom with Bitcoin trading almost at $120,000, you can't go wrong.
What the king does, the rest follows. Bitcoin produced very strong growth and multiple all-time highs over the years, the altcoins market is set to do the same. See how XRP already did it one and Ether is on track to do it next. Watch how new and higher, new all-time highs will continue to be announced, over and over, again and again.
Namaste.
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