Today, we're going to take a look at the BTCUSDT chart and write down our thoughts and expectations for the crypto market this week.
At the moment, it seems that the white fractal has started to work out of the two fractals we proposed last week.
Given the fact that there are no US macroeconomic data will release this week, it should be a quiet trading week. Stable price movement "to the right" with a slight volatility of 2-5%.
While the BTC price is unlikely to show strong movements, some altcoins may take advantage of this calm. The only interesting thing this week that may be waiting for us is attempts to organize "upward shots" of altcoins that have not yet really shot in 2023. Therefore, we must be looking closely at the altcoins with increasing trading volumes By the way, let us know in the comments which altcoins you think might pump this week.
But already on 14 February 2023, when new US CPI data is due to be released, the fractal shows us that a more dynamic correction to the $19000 area may begin But this is a completely different story, which we will tell in our next ideas. And you can like, comment, and subscribe to us to always "keep your finger on the pulse" of the crypto market with us.
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