#btcstarburst Up Close Version
Taking a closer look with laser eyes!! This is needed. Heavy lines are key support/resistance. Breaking through will carry the beast. As bitcoin diminishes something has to take its place… Some alts seem to holding some value regarding the dominance. In past cycles Link did well, Dot, ICP and VGX has recently spiked. Link seems way undervalued so there is that, staking will be announced this year and it will probably moon, ICP was a bit overvalued (probably way undervalued now ) and VGX (lots of potential if they get it completely together…should be half the price of FTX/FIT soon) These are just thoughts from a GANN study. BTC may have been in a down trend from a false uptrend since January 24… False price action sometimes stimulates buy orders to create uptrends. When actually we where meant to come down to finish a cycle but instead moved up with FOMO and HOPIUM. However these things are not enough to overcome the downward pressure that actually exist long term. Regardless DCA SAFELY
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