BitcoinLong
[BTC/USD] An exhausting market
I did expect that the muddy waters finally pass, but seems not yet...really a tiring market. Last time the price did this kind of thing was last year, but it managed to resolve it just in 180 days (6 months).
While current one has last more than 200 days.
What cause this ? don't really know. Could be due to
DXY that bounced, lack of liquidity, or any other reasons, but I used to stick with the chart & it still tells me to hold on.
Now, these are the remaining things that still keep Bitcoin's breath :
1.Price are above EMA 220.
2.MACD is positive.
3.MACD already breaks its downtrend line.
Cherio...
While current one has last more than 200 days.
What cause this ? don't really know. Could be due to
DXY that bounced, lack of liquidity, or any other reasons, but I used to stick with the chart & it still tells me to hold on.Now, these are the remaining things that still keep Bitcoin's breath :
1.Price are above EMA 220.
2.MACD is positive.
3.MACD already breaks its downtrend line.
Cherio...
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