Alt/BTC hasn't looked this bullish in 5+ years.
● Breakout from its 4 years of downtrend
● 3 consecutive months of bullish MACD
● Monthly RSI breakout and retest
This is exactly what happened in Q2 2020, which led to the biggest AltSeason.
THIS IS VERY STRANGE.
Since the start of the US-Iran war 15 days ago
$2.4 trillion erased from the US stocks
$2.5 trillion wiped out from gold & Silver
Meanwhile, Bitcoin is up 12.5% and The total crypto market is up 10%, adding $240 billion.
This is not normal because usually in times of uncertainty, risk assets like Bitcoin crash hardest while precious metals rally.
But here we are seeing the opposite here.
Pertempuran Iran US ini akan berdampak semua orang di dunia bukan secara militer tapi secara ekonomi karena satu-satunya cara Iran maupun US menang ya melalui serangan ekonomi. US yang sebenarnya bertujuan menyerang ke China secara ekonomi melalui memotong supply minyak (venezuela & iran). Disatu sisi Iran juga menggunakan strategi menawan ekonomi semenanjung Arab karena tidak akan menang melawan US secara militer salah satunya dengan blokade selat Horuz. Akhirnya ya semua orang bakal keserang secara ekonomi dengan harga barang2 naik tajam beberapa minggu ke depan kalau perang tidak juga usai. Stay safe everyone. Spend and invest wisely.
Bitcoin is down from 74k to 68k today
This is just a SMALL correction
I believe the bottom was $60,000 which means a 4x would put us at $240,000 for this cycles top
This is why I am bullish!!