The Bitcoin rally has either “only” been interrupted since April 14th or has ended back then, and the sector is already in a crypto winter.Only with imagination and a lot of optimism, a larger consolidation triangle can be constructed.All in all, the crypto sector seems to be on its way to the next panic low.Currently, however, investors have to prepare for temporary price losses in all asset classes. These will be more severe in bitcoin and milder in gold.We recommend the highest caution and a “risk-off mentality” for now. Should the evidence change we will shift back to risk-on, of course.
