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Honestly, there is nothing to say about it; most of the movement is clearly upward.
In my opinion, the best time to sell is at the upper levels, which can be identified through the consolidation trend of any currency, selling just below the resistance to secure a better exit.
As for the LINK recommendation, the last target I mentioned is the highest point the price can reach, and God knows best.
If it reaches that, the market will likely have broken the first psychological barrier for the sideways movement.
And there begins a different phase:
Either a continuation of weak upward movement or a strong entry by bears, quickly regaining control.
Thus, we may witness strong selling pressure that restores balance after this rise.
The reason for this is simple:
Bitcoin's dominance (BTC.D) is still high and controlling market movement, which pressures the rise of alternative currencies and makes their movement directly linked to Bitcoin's momentum. With the possibility of reaching levels close to 62%, this could strongly open the door for a stronger liquidity pull from alternative currencies for a short period, especially in the absence of security in the markets, just as happened in previous cycles.
Honestly, there is nothing to say about it; most of the movement is clearly upward.
In my opinion, the best time to sell is at the upper levels, which can be identified through the consolidation trend of any currency, selling just below the resistance to secure a better exit.
As for the LINK recommendation, the last target I mentioned is the highest point the price can reach, and God knows best.
If it reaches that, the market will likely have broken the first psychological barrier for the sideways movement.
And there begins a different phase:
Either a continuation of weak upward movement or a strong entry by bears, quickly regaining control.
Thus, we may witness strong selling pressure that restores balance after this rise.
The reason for this is simple:
Bitcoin's dominance (BTC.D) is still high and controlling market movement, which pressures the rise of alternative currencies and makes their movement directly linked to Bitcoin's momentum. With the possibility of reaching levels close to 62%, this could strongly open the door for a stronger liquidity pull from alternative currencies for a short period, especially in the absence of security in the markets, just as happened in previous cycles.
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