In the last analysis, I pointed out how the course behaved by forming flags that ended in successive declines. Currently, I am looking at the chart from a broader perspective, and there you can see the potential range of declines. Below these values #btc falls out of the upward channel.
I know that some people, are very much in love with #btc and believe more than anything that their cryptocurrency will only grow. personally, I think that the potential is very high BUT the current macro economic situation should be taken into account. Many do not seem to notice this at all....
We currently have 22k cryptocurrencies on Coingeco, consider if and who needs that much. In my opinion, someone will flush it down the toilet to clear the market and a new market will be created on these foundations.
P
I know that some people, are very much in love with #btc and believe more than anything that their cryptocurrency will only grow. personally, I think that the potential is very high BUT the current macro economic situation should be taken into account. Many do not seem to notice this at all....
We currently have 22k cryptocurrencies on Coingeco, consider if and who needs that much. In my opinion, someone will flush it down the toilet to clear the market and a new market will be created on these foundations.
P
