Is the crypto winter over?

On the monthly chart, the price passed above the previous resistance at 19666. The next target will be 28600.

Monthly
upload_2023-1-13_15-16-3.png


On the daily, BTS finally broke through the upper trendline with quite a momentum and I think this should provide some relief to the bulls.

Daily
upload_2023-1-13_15-19-45.png
 
A lot of the crypto equities I've looked at still have a little less than half their reserves left. That is a lot of stuff to sell still until we hit the bottom when there is nothing left to sell. :sneaky:
 
Well, this is very damning from the Winklevoss twins on the shit-storm that's about to hit this winter. Seems the market is still not pricing the catastrophe in yet. (typical)

 
There will be a brief pause to this rally IMO. It's gone up too fast, and is in need of a breather. In fact, I believe BTC has already hit the interim high at 21250 and will now retrace back down to 19300-ish, as posted elsewhere for verification.

schizo said:
Let's pretend that I just went short @ 20900

stop at 21300
target at 19300

We'll revisit this post later :)
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