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đšđš Key Events This Week đš đš 1. Fed Chair Powell Testifies - Tuesday 2. OPEC Monthly Report - Wednesday 3. June CPI Inflation data - Thursday 4. June PPI Inflation data - Friday 5. Michigan Consumer Sentiment data - Friday 6. Total of 9 Fed speaker events this week.
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#Altcoins TOTAL2 is currently sitting on the montly EMA10 line. In every bull market before (2016/2017 and 2020/2021), this was the most important line that had to hold.đšâ I smell opportunities.đ„
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For many, this looks like the end, but Altcoins are only in corrective wave 2. Take a look at 2020/2021 for comparison. Wave 3 is the strongest and is still to come imo. It's a simple elliot wave theory. I wouldn't sell my coins cheaply here.
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Almost every time $BTC has reached the lower band in the Bollinger Bands, we've seen a strong bounce (even in the bear market). The lower band has now been touched again.
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#Bitcoin and the Wyckoff-Reaccumulation Model. Still the same plan as a few days ago. If we continue to follow this model, we should see a strong reversal in a few days.
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