The Crypto Bear Market Concludes

Louis Sykes
March 28, 2022

In last week's letter, we outlined a handful of key bullish developments leading us to forecast a high probability of an upward resolution from this consolidation.

Alleviation of the selling in futures and renewed spot demand pointed to a high probability of Bitcoin resolving higher out of this multi-month trading range.

As of the writing of this note, we've seen this take place, with Bitcoin taking out resistance at 46,000.

More aggressive long positions are now warranted.

Summary of Today's Topics

 

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