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It is entertaining to see CT (crypto twitter) back in euphoria mode after a huge nuke. CT is extremely divided right now, extreme bulls vs extreme bears. Here I am offering you my market outlook with all arguments so that you don't have to filter through a lot of narratives and tribalism.
Historically, weekly LMACD has been one of the most reliable indicators and it flipped. The higher the time frame the more reliable and revealing it is. Monthly is catching up.
Here is what I am expecting to unfold over the next several months. I don't see a new ATH for at least another year.
And the final piece of the puzzle is the fact that Bitcoin's dominance has bottomed and is going back up, indicating strong market shift from altcoins.
You can find me on twitter.
@JohnNas67967558
