For legacy finance I see pain and suffering in short, mid-term and macro times. However the classic narrative for btc and cryptos plus some indicators keep me a bit optimistic on crypto. Not immediately we need to see something like btc double bottom holding on weekly, suffer through notoriously miserable september and then start to gather some momentum late october - november imo. So this is the scenario where btc and cryptos would start to decouple a bit from dxy which would not be unfair in my opinion when considering all the progress and adoption. But cannot really estimate probabilities for that, just describing possible scenario. Anyways I would not be shocked at all to see spike(s) to new daily lows but weekly holding previous low until late oct / nov.
Legacy Finance
2 years ago in #finance by smalien (54)
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