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Little more pain in Crypto - or are we about to see a major Reversal?

Snapshot Thursday

Swissblock Insights

Aug 29

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Dear Subscribers,

Happy Snapshot Thursday!

First published in our Telegram Group, Swissblock’s Henrik Zeberg shares his weekly insights on crypto and macro price action. Make sure to join the channel for the most direct access to this resource:

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In our last Compass, in our News Channel, and on X we asked you where you saw the market going from the consolidation around $63k and opinions were split almost evenly with a bias towards the bullish move. Since then, we have seen a more bearish resolution towards $59k. In today’s Snapshot Thursday video Henrik provides guidance on what comes next for crypto, by analyzing the price action of an altcoin he has been giving special attention to.

Now, let’s get ahead of the curve and jump into Snapshot Thursday: