In the past two weeks weeks seen at least three noteworthy upticks in Bitcoin causing the rest of the market to follow, per usual. This short term trend is starting to look quite bullish for the crypto market. If we can retain these gains over the next week and get another uptick or two, we'll really start looking like a trend reversal from the down trend we've been dealing with for the past three months or so. However, If we lose our momentum, we very well could see the continuation of the down trend. If the downtrend continues, we'll see BTC fall to somewhere between 5-5.5k. Regardless, I remain super bullish on the future of the crypto space. We're just waiting for the old money to join us.
My top five allocation
Have a great day. Cheers!