Correction not over.
But neither is the cycle.
Unless you’re one of the trolls who hasn’t even read my full content, you know we’ve been tracking this ETH move since November.
Here’s what the near term is looking like…techdev52.com/p/techdev-news…
Do you know the last time weekly Bitcoin dominance was this compressed?
November 2016.
Historic volatility imminent for alts against BTC.
Dominance currently below basis...
It's time once again for Bitcoin's 2W RSI channel.
Green circles = Peak oversold bottoms
Red arrows = Max potential energy at business cycle lows
Interesting pairing we have here.
Only seen once before...
This biz cycle has now extended to allow a mini liquidity cycle within it.
Still within same larger business cycle.
Parabolic phase doesn't begin until it lifts off green and approaches yellow.
That comes next. Next liq cycle already started.
Cycle within a larger cycle. Impulse within a larger impulse.
Plenty to keep this market nice and confused.
The part you're waiting for still lies ahead.