"Sideways" Is an Option, Too

Louis Sykes
December 1, 2021

We really hate to sound like a broken record, but the broader macro environment and crypto's correlation to legacy markets is really one of the most important developments to watch right now.

As we've demonstrated, investors' on-chain buying regime remains intact, so, when these headwinds from traditional markets ease, the bias looks to be higher for Bitcoin and the overall asset class looking out on an intermediate to long-term horizon.

But, until that happens, we anticipate some more choppy action in the near term.

We publish our thoughts on traditional markets every day, but let's quickly summarize a handful of key indexes we're watching right now.

Article Sales Message

All Star Charts Crypto Members Receive

  • Our professional research delivered to your inbox
  • High conviction trade ideas to make money
  • Full coverage of entry and exit signals across the crypto landscape, including major coins, altcoins, and other tokens
  • Video conferences every week
  • Alerts to cryptocurrencies before they become mainstream
  • Custom indices, correlation, trend strength and relationship analysis
  • Access to Rangefinder – our proprietary app for tracking trade ideas in real time (annual members only)

You need to have a subscription to access this content in full.

Log in or subscribe
Filed Under: