BitcoinLong
Why Will BTC Cut H&S Neck When Stock Looks Overstretched?
I get that the 800 pounder is coming when BTC pierces the inverse H&S neckline and moves above 11.8K ...BUT On the day chart, RSI/Stochs look pressured. RSI is a hair under 60 while Stoch is at 87 and 74? Is RSI more reliable than Stoch?
Is the 11.8K a 24-hour-plus goal?
Will the duckies follow mom?
If BTC breaks above the 12.5K resistance, will the alts follow? Some say that when BTC strengthens, the alsts bleed as people shift into BTC but I have often seen the opposite. The alts move with BTC as crypto confidence increases and more money flows into the space.
Thoughts?
Is the 11.8K a 24-hour-plus goal?
Will the duckies follow mom?
If BTC breaks above the 12.5K resistance, will the alts follow? Some say that when BTC strengthens, the alsts bleed as people shift into BTC but I have often seen the opposite. The alts move with BTC as crypto confidence increases and more money flows into the space.
Thoughts?
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