MTH/BTC long

28 Jan 2020

We have a good support level of about 100sat. also if you look at the long timeframe, then we see something on the likeness of the 2nd bottom. I think that soon we will see how the price touches the 50th moving average on a weekly schedule. And this will be approximately 100% growth. If we do not keep support at current levels and go below the global bottom by BTC, then we can expect a decrease by 70-80sat. What I think in the near future is unlikely since the market has come to life a bit and is ready for altcoins to catch up a bit with BTC. Also, if you analyze this asset for cyclical growth, then you will see a certain pattern that is in the number of days between the pumps and correction. But this argument is so-so. I'm waiting for x2