if you're onchain time to start digging into pre-token l2s and their ecosystems
most of these networks still a ghost town but in 2-3 months could be ideal setup, think $JOE on AVAX
The bullish narrative for 2024 is that fed rates get cut, there's 5.73 trillion sitting in cash, and that there will be optimism of a new US president who well "fix" the economy. Enough for Q3/Q4 rally then the house of cards probably falls.
🔹 Pullback In A Uptrend
In a strong uptrend you'll see price bounce hard from the .382 pocket.
If thats lost, chances are astonishing high that it pulls into the golden pocket and bounces from there.
Lose the gold and only .786 is left, which mostly is a weak zone of support.
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#Bitcoin - If I could only observe 3 months in Crypto it would be October, December, and April. If I had to guess I would predict a boring December that marks a local top, sell off for tax season, altcoins rally, and fun resumes in April of 2024 going into US elections.
🔮 still playing out. Expect more green to come the next 2/3 weeks. After that the selling will start. Would be perfect if we go to 40/41 k in the next 2/3 weeks followed by a dip towards 30 k #btc
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