Prediction evidence

Cr

Michaël van de Poppe

@CryptoMichNL

It's funny that most of the markets align on a further correction to happen. However, when I'm monitoring the charts. - #Bitcoin sweeps the most important low and bounces back immediately. - #Altcoins have seen important lows being swept If those aren't holding, then yes, there will be a fast acceleration downwards. On the other hand, if it does hold here, we're ending the correction and starting up a new uptrend. Given that social media gives so much emphasis to the FOMC and expects it to be bearish to the markets (while last time we've had a strong rally straight after FOMC), I don't see a reason why we should be betting on further downside. I remain fully allocated.