MATC/USD in the area I said will be reached sooner or later.

Now waiting for price action to show us, buyers, in this area otherwise this can keep dropping.

Big wick candle or bullish engulfing is required to appear and show us that there're buyers interesting in this coin.

Grayscale today announced the launch of the Grayscale DeFi Fund, offering exposure to $UNI, $AAVE, $COMP, $SUSHi & more.

Our forecast for the days/weeks ahead of us.

So far our forecast is being followed

ETH/USD is currently at a very important price level.

We need this support to hold otherwise we could face a serious downtrend continuation.

If we get a long wick candle at this level, it would be extra bullish but let's wait for it to form because the market is currently far away from being bullish.

ADA/USD is currently testing the most important price level on the chart for bulls.

Losing this level would set this coin in big trouble as we all know how important this level is and how many times it acted as a support.

Let's what happens!

After one month, we're in a buy zone I was talking about when no one thought about it.

I'm now analyzing signs and looking for buy signs.

So far, it doesn't look that bad.

European Commission proposed a new law to tighten regulation and traceability on crypto transactions. Now crypto companies need to take KYC of sender and receiver of crypto assets.

We got the bounce but we need continuation in order to expect bullish price action in the upcoming days/weeks.

We need this move to at least reach $32 000, then spend a day or two ranging there before further going up.

We’re getting required continuation.

Waiting for $32 000 👌

We reached $32 000 😎

Great market forecast

Bitcoin and crypto market in general are doing good currently but we're too far from end of downtrend and start of an uptrend.

Yeah, this could be the case but we have to go in stages, step by step and so far it's going good.

One month ago I called this as a buy zone and look at this 💰

Elon Musk says: "I own bitcoin, Tesla owns bitcoin, SpaceX owns bitcoin"

We got what we needed so far for the bullish scenario.

We forecasted a fakeout that would catch the majority on the wrong side of the market.

It happened, we get an instant bonce above $32 000 which was required but we're far away from a bullish market structure.

We got consolidation above $32000 that's still holding which is also a good sign but today or tomorrow we need to get continuation towards resistance and we need to break it.

So, today or no later than tomorrow we need to get that move up otherwise we could easily drop back down.

ETH/USD looking good as well but if you zoom out, you can see we're far away from a bullish market structure.

We need to get a clear break of the trendline that makes this triangle.

Only then we can start calling the end of this consolidation that was part of the major correction.

Even in that scenario, it will require time to build momentum.

But we got a bounce from the support that was very explosive, we're now above EMA 50 on H4.

To sum up, it's looking good but far away from a safe bullish zone.

JPMorgan just became the first big bank to give retail wealth clients access to cryptocurrency funds. Yes, that JPM, James Dimon's bank, the “i will fire every employee who touches Crypto” bank.