Bitcoin right now, is down bad. we broke below 2017 all time high, and getting close to 2019 all time high. Thinking long term, bitcoin is at a discount right now, however I personally think we can go lower. I've noticed, DXY does have a INVERSE CORRELATION to BTC. This suggests that when the US Dollar strengthens, Bitcoin weakens & vice versa. Notice DXY started...
Bitcoin BTC Crypto fell out of a triangle like in 2018, sadly if it follows the same path from the 2018 Bear Market then this is the path to 2025. Hopeful it does not follow it but if it does then we can watch the progress over the next years..............................................................................
Deeper Network DPR Crypto is forming a Possible Bullish Falling Triangle with a Break out by 19/19/22. It is possible at the moment that BTC may hit it bottom during this time, if so then this pattern may play out. It's hard to say how things will playout with the investors being paid back as this will be a continual push down. Lets see what happens in the next...
Just a case study that I wanted to share with you guys like and leave a comment if you enjoy it and find it useful XOXO first let me introduce you to this chart: BTC.D keeping it simple, BTC.D or Bitcoin Dominance shows you what percentage of the whole crypto marketcap is allocated to Bitcoin. when the numbers on this chart are high, it shows you that the ALT...
Will the SEC's decision on a Bitcoin ETF put the breaks on the bear market? If we see an ETF, will this kick start the next bull run??? Will DGB be classed as a security?? This will be one to remember which ever way this goes. Bullish on DGB...