Bitcoin bulls and bears are divided over what today's halving will bring, but Bitcoin being Bitcoin might do what everyone least expects: nothing . We could see pressure build up with the 100MA & 200MA providing strong support from below, while the last major downward trend line continues to put pressure from above. Here are the big waves before and after the...
The 4-year upward log trend that was broken in March is currently being retested just as we have completed the 3rd halving. A bearish confirmation could spell the end of the 10-year rally for Bitcoin and take us back to test pre-2016 prices. A bullish confirmation however, takes us back above the log trend and points towards continued exponential growth. The...