It's Not Over, Buy the Dips

Crypto Compass 82

“The biggest risk of all, is not taking one.” - Mellody Hobson

🇨🇭 Join our Swissblock Telegram Group! Get daily updates, in-house content, and technical analysis on crypto & macroeconomics. Tap into a hub of knowledge and insights. Stay ahead with Swissblock. Sign up now! 🚀

---

• The 8-green week streak was broken as BTC dipped -5% last week. Yet, the price closed over $41k and some continue to doubt the strength of the current run. We believe the pullback is ending, with the bottom in at the low $40ks.

• We could see some violent wicks to the lows, but as long as the price holds over the 20EMA the bullish structure remains strong, and higher prices are inevitable. Buy the dips.

• Our proprietary regime shift reinforces our view that the worst is past us. Notice how the steep pullbacks occur when the regime shift is trending down. The price tends to consolidate (bottom out) as the regime shift fluctuates at the lows.