Hello friends,
Some thoughts on the weekly chart.
➢ As mentioned before , usualy there is some struggle going above the previous cycle top.
➢ With the next weekly candle closed above the 2021 top, the bulls will run on full power mode and I believe at that moment we will have a real explosion to the upside for the whole market , especially the altcoins.
➢ In my personal opinion having a deeper correction, like even lower 40K will be an amazing time for accumulation, even when a lot of people will be in fear, and some will be rather selling.
*non of the above is and can not be taken as an advice.
