Is it a crypto winter or a great buying opportunity ❓
💎Since April Alt Index has dropped by 58%, and during the past week by 45%. But should the knife-catching buying opportunity be considered?
💎The crypto crash has resulted in massive liquidations especially if we look at Luna, losing 99%. For most this is a huge warning sign, but we know that bulls are coming when there is mostly fear.
💎Current Fear & Greed Index stands at "Extreme Fear", which is exactly when bulls prefer to take action. Looking at Alt Index, we had a clean bounce off the support, while the price is at the bottom of the descending channel.
💎The money flows from alts to the Bitcoin, yet again ....
💎The crypto crash has resulted in massive liquidations especially if we look at Luna, losing 99%. For most this is a huge warning sign, but we know that bulls are coming when there is mostly fear.
💎Current Fear & Greed Index stands at "Extreme Fear", which is exactly when bulls prefer to take action. Looking at Alt Index, we had a clean bounce off the support, while the price is at the bottom of the descending channel.
💎The money flows from alts to the Bitcoin, yet again ....
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