Crypto Market Recovery signals flashing green?

It all depends who you ask, of course. Bitcoin's still 'stuck' at $4000 and the rest of the cryptos are mostly going sideways lately. If you want my perspective, I went into detail in my article Crypto Bull Market Confirmed, Bitcoin to $100000 USD.

Here's an up to date (March 21) look at the overall cryptocurrency market in logarithmic form:

The bottom at Christmas isn't too far away, in price terms, but the bullish setup on the chart right now really looks like Bitcoin is about to pop to $4500 or so, really kicking off the new bull run.

If the prices break upward at all from the current levels, there will probably be some panic buying as people experience 'fear of missing out' on these pullback prices. It appears the chart is playing out almost exactly as we've been saying it would here on this blog for a year now.

Please do not mistake this post as investment or romantic advice.

DRutter

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