When Charlie lee sold his Litecoin he spoke of a multi year bear market.
BTC broke a downward trendline (not the first time) and everyone was waiting for a little volume to jump in balls deep. Enter the whales and here we have our pump.
Have the fundamentals changed in any significant way?
A weekly close above $180 voids this idea. Until then I remain with cash on the sidelines.
BTC broke a downward trendline (not the first time) and everyone was waiting for a little volume to jump in balls deep. Enter the whales and here we have our pump.
Have the fundamentals changed in any significant way?
A weekly close above $180 voids this idea. Until then I remain with cash on the sidelines.
Note
I would say that $180 so far has been rejected. I see a rising wedge on the weekly chart. They have a massive tendancy to break to the downside. Time will tell.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.