Possible moves for next 3 weeks

29 авг. 2022 г.

We are in a definite downtrend. However we can only maintain this trajectory for so long. I do believe we will hit lower trend line and bottom out approx 95% down from ATH. This is pretty standard for crypto bear cycles. I think as we close out the year we will exit the falling wedge and make a new high to form another downtrend but with a lower slope. Economy still in the tank and no need to get excited about crypto for awhile. DYOR