Previous bull markets were started with bitcoin breaking above the 20-week moving average and holding it as support after the bottom was in.
When comparing to the last cycle, we see bitcoin broke above the 20 week MA in Oct-15, and tested it multiple times during its move to 20k.
I predict we will be range-bound for a while. I personally think the 20 week will...
XRP is currently sitting at support of .27, previously acting as resistance. Targeting Fib Extension levels as next consolidation points, but all eyes on BTC at the moment.
The run-up to $20 looks similar to the previous run-up and subsequent retracement, forming a "W" pattern. Overall I am still bullish as LINK is setting up to be the ETH of this market cycle in terms of both fundamentals and technicals. I see this playing out in two potential scenarios:
1) The "W" fractal repeats, bringing further downside (second green...
