RE: Take a look at the monthly MACD chart of the altcoin marketcap.

You are viewing a single comment's thread from:

Take a look at the monthly MACD chart of the altcoin marketcap.

in hive-103599 •  11 months ago 

This post offers an insightful and detailed perspective on the cryptocurrency market, supported by technical analysis and chart data like the MACD and candlesticks. The poster notes positive technical developments and strengths in the market, such as the appearance of the Golden Cross, indicating a potential upward trend.

It draws on extended correction periods the market has undergone, signaling the potential for a new strong phase of activity, especially with the upcoming Bitcoin halving events and potential decisions on Bitcoin ETFs. These factors are believed to potentially support the thriving of the cryptocurrency market in the upcoming years.

The prediction of rapid market growth reflects optimism and positive expectations. However, it also points to the need for caution and a careful approach to investing, given the warnings about potential internal market issues like embezzlement, bankruptcy, and hacking, which require ongoing attention.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!