2022-03-12 20:02:58
Image 1: #BTC
#Bitcoin is trading at just over 39k after forming another lower high.
As said previously, 45k is still our target and we need to close above that before we can say BTC is recovering.
In my eyes, 37000 is our support; closing below that will let to another leg down to low 30’s.
BTC going sideways sometimes provides opportunities for alts to do well; keep an eye on your favorite bags, and on $METIS.
If we reach 45k soon, our next target will be 48k.
Image 2: #ETH
Ethereum is struggling; continues to form lower highs. This will probably continue as long as ETH keeps closing below 2900.
2400 is our support; closing below that indicates a downtrend to low 2000s.
Our last high was 3200, around February. It needs to get around those levels again before we can say ETH is recovering.
Image 3:
2 Years ago today: March 12, 2020. The start of the Covid-19 lockdowns. We've come a long way since then!
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