June of 2020 will be pivotal for this grand crypto bull market, mark our words. Particularly, if BTC moves higher from here we will know for sure that our longstanding crypto targets will be underway: our XRP forecast, BTC forecast and related crypto predictions.
What makes us think so?
We shared in our crypto investing weekend update 5 charts (only), and those 5 charts determine what happens in the entire crypto market in the coming months and years.
Just 5 charts?
Investors think they have to read a lot of news articles on financial media, follow the tweets of crypto gurus, search for every chart that gurus mark as ‘important’ or ‘must see’.
Nothing is further from the truth.
The big illusion of investors is that they forget to apply the ‘less is more’ principle, this is especially true in crypto markets:
- Less charts, but only the really important charts that matter. This requires advanced charting skills.
- Less coins, but only the ones that will do well. This requires cryptocurrency (adoption) understanding combined with chart readings.
- Less news, but only the updates that matter to investors. This requires ignoring 99% of news updates and tweets. This is where it goes wrong with most crypto investors, they have a burning desire to look for news and tweets … but don’t realize 99% of worthless and confuses them.
We know that our chart annotations are very advanced, and help us identify the dirction of crypto markets. We are also able to spot the important 72h time windows in which decisions about future trends are made. We have shown this over and over again.
But sometimes it helps to look at a chart without annotations. That’s why we include the next chart, it’s one of the 5 we shared in our crypto alert to premium crypto members this weekend.
BTC must go higher from here to confirm this potentially very bullish pattern. Everyone can see that the right hand side is not yet in balance with the period July 2019/Feb 2020.
Whatever happens in June may inform future direction of crypto markets in a way that’s more important than the bear market that started with the Dec 2017 peak.
Interested in more detailed insights from the other 4 crypto charts? In order to respect our premium members we cannot share all the details in the public domain. However, anyone signing up to our premium crypto investing service will have instant access to all our alerts (including this weekend update).