$BTC TOP 20
Added 2023-03-26 11:22:00 +0000 UTCVery little has changed over the last week, $CS collapse did not have the same effect as $SVB and Signature collapsing, where we saw large amounts of money being transferred to $BTC as people became concerned about the safety of their money stored in banks. Nevertheless, it held up well over a volatile week. We are still expecting a pull back here for Wave 2 and should still align with the 200 Day MA, Crypto fans will want structure here, so healthy pull backs and this will bode well for them wanting an impulse wave.....ironically, Bitcoin growing could indicate wider issues with the economy, it could compete with Gold as the main store of value during turbulent times.
So What Now?
Pull back next or if it goes higher without pulling back now....then it is unlikely to be an impulsive wave.
