I think the golden cross of the 200 SMA and 377 SMA will save us in the short but when we hit the red capitulation ring we will correct if not make new lows. This is the same fib circle line that bitcoin followed in the November capitulation.
Breakout of the ascending triangle could be 6/22 to 7/1 !@#$%^&*(
BTC is sitting in an interesting position respecting the 200 SMA stabilizing after the 18.31% dump. Will it head back up or have large players left crypto for the stock market in search of safe easy QE money? Time will tell ...
Bitcoin is in another bull flag and we're awaiting pattern development. Will we keep to the trend?
We broke out and headed to high 8k area and seem to to have hit another sell wall as bitcoin continues to bull flag. Measured move from the first ascending triangle was never hit so we could finish the move up without issue. I will note that we are currently well above the 9 ema on the 4 hour and looking bullish as hell! RSI is coming down a bit and from...
The next two days are make or break time. Is this the top or are we boarding a rocketship?