Technical analysis by jomaha about Symbol BTC: Buy recommendation (5/12/2022)

Increased BTC dominance by 8% in two days shows me "stable-coins" are on fire. Infact Luna takes the cake. We've been bearish for over three months and have now (as of 11/05/2022 AEST) entered capitulation. The first two capitulations I've lived through ended up making the mistake of selling positions. This time I am not so should you. Is it really true Blackrock have set-up a coalition to attack the Crypto market by? No idea and don't care. What I do though is Bitcoin is well worth buying below 31k. Also any alt's you planed on buying cheap earlier this year you can now buy them 60% cheaper.Expect lower lows during this consolidation. Hopefully a dip below 25k before a 75% rally to the upside possibly around the end of the year.To 19k here we come!