Midweek NEAR/BTC analysis:
On the NEAR/BTC chart we can clearly see a V-top in the structure. This structure is less dramatic than a M-top. The V-top means that we are going to revisit the tops again sooner then with an M-top. BTC is on a roll today with an average of 10% upside. This is very likely to continue on the short term meaning that the altcoins will take a small hit. However everytime a not so fundamentally coin (Shiba Inu) reaches new highs that is an indication of an altcoin that is going to start. Strap yourselves and get ready for take off!
On the NEAR/BTC chart we can clearly see a V-top in the structure. This structure is less dramatic than a M-top. The V-top means that we are going to revisit the tops again sooner then with an M-top. BTC is on a roll today with an average of 10% upside. This is very likely to continue on the short term meaning that the altcoins will take a small hit. However everytime a not so fundamentally coin (Shiba Inu) reaches new highs that is an indication of an altcoin that is going to start. Strap yourselves and get ready for take off!