August 7, 2026

Capitalizations Index – B ∞/21M

BTCUSD perhaps the bullish scenario will ensue

Btcusd perhaps the bullish scenario will ensue

BTCUSD perhaps the bullish scenario will ensue

Three days ago, I posted that BTCUSD was likely to pull back and presented 2 likely scenarios:

It seems that a bullish scenario is more likely now, though the entire move has not played out. I continue to believe that a deeper retracement in the short-term that coincide with the upcoming golden cross will signal the start of the bull cycle. ( Bullish case as charted).

However, if we see low volume fake pumps that sustain the price and again slowly drain the market of enthusiasm, a double bottom is not impossible ( Bearish case as charted).

Btw, I believe that bitcoin will lead altcoins:

Published at Thu, 11 Apr 2019 15:29:17 +0000

Previous Article

Tron Price Bites the Dust as Bears Shake up all Markets

Next Article

Binance Partners With CipherTrace in Latest Compliance Push

You might be interested in …

Bitcoin is trying to come back higher

Bitcoin is trying to come back higher

bitcoin is trying to come back higher EN English (UK) EN English (IN) DE Deutsch FR Français ES Español IT Italiano PL Polski SV Svenska TR Türkçe RU Русский PT Português ID Bahasa Indonesia MS […]

Bitcoin

Bitcoin

bitcoin EN English (UK) EN English (IN) DE Deutsch FR Français ES Español IT Italiano PL Polski SV Svenska TR Türkçe RU Русский PT Português ID Bahasa Indonesia MS Bahasa Melayu TH ภาษาไทย VI Tiếng […]

Zilliqa becomes latest crypto to break $1 billion market cap

Zilliqa Becomes Latest Crypto to Break $1 Billion Market Cap

Zilliqa Becomes Latest Crypto to Break $1 Billion Market Cap Zilliqa has become one of just 28 cryptocurrencies to boast a market capitalization over $1 billion. According to CoinMarketCap, Zilliqa passed the $1 billion threshold […]