Ualifi Araújo
--
Bullish
GOOD MORNING
The market woke up still very undecided, with #BTC negative and #altcoin the vast majority still negative, but we should see some change in this scenario today, since Bitcoin's Dominance is already starting to show weakness again and is already easing the selling pressure of Altcoins.
It's the weekend and nothing is reliable, so I won't expect much from this weekend, since we're coming off a turbulent week, but stopping yesterday to reflect on this week, I think we're still doing well...
Altcoins stayed at their strongest supports, BTC came to the bottom of the RANGE that it established as support, we had some positive reaction and we just need Bitcoin to rise above $100K to avoid any more problems.
Even with all the chaos of the Unemployment data this week, MiCA FUD, Silk Road FUD, I think we survived well.
Total 2 didn't reach its support properly, which meant that some altcoins didn't literally reach their support and went up before, which is great!
We can see that in the last few weeks, several things have come up to hinder our climb that we were doing, but this won't affect the final result.
In the next 2 weeks we will probably have completely undone this correction and a strong recovery is what we should have from there. I remain very optimistic about altcoins.
Keep it up! ✊🏻💛🚀
Have a great weekend everyone!
The market woke up still very undecided, with #BTC negative and #altcoin the vast majority still negative, but we should see some change in this scenario today, since Bitcoin's Dominance is already starting to show weakness again and is already easing the selling pressure of Altcoins.
It's the weekend and nothing is reliable, so I won't expect much from this weekend, since we're coming off a turbulent week, but stopping yesterday to reflect on this week, I think we're still doing well...
Altcoins stayed at their strongest supports, BTC came to the bottom of the RANGE that it established as support, we had some positive reaction and we just need Bitcoin to rise above $100K to avoid any more problems.
Even with all the chaos of the Unemployment data this week, MiCA FUD, Silk Road FUD, I think we survived well.
Total 2 didn't reach its support properly, which meant that some altcoins didn't literally reach their support and went up before, which is great!
We can see that in the last few weeks, several things have come up to hinder our climb that we were doing, but this won't affect the final result.
In the next 2 weeks we will probably have completely undone this correction and a strong recovery is what we should have from there. I remain very optimistic about altcoins.
Keep it up! ✊🏻💛🚀
Have a great weekend everyone!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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