This cross on the 3 day does not come around very often.
Looking to see if that trend line is the next ceiling
Past support becomes resistance. www.bloomberg.com
Why: 1. Near term bearish because I expect a delay and/or denial of BTC ETFS next month should push BTC prices lower 2. Heated political climate in the U.S. peaking around the presidential election November of 2019 could coincide with the bottom for BTC + or - a few months 3. Global trade and currency upheaval due to global alliances shifting could drive the...
Im anticipating more ETF delays and denials next month, ICX could use that time to bear flag... I will probably use a stop around 950 sats incase BTC whips out it's huge green dildo. My entry will hopefully be 10%-15% lower than current price... Be greedy on every entry always!
Digging into BTC's blockchain transactions, the exchange volume only tells a small story since whales move coin OTC.
BTC has a lot going for it moving forward.... Custodians, ETFs, Lightning Network, Rootstock & Security Tokens, plus OTC volume looks like 3x that of total exchange volume, large players are quietly accumulating. I anticipate an ETF short term delay to push BTC sideways and slightly down prior to the next FOMO cycle.
How long does winter last? I'm a near term bear (market deliveres max pain always), long term bull.
Trump is about to leave his mark. There will be a flight to safety at some point, but there are more secure currencies being developed daily.
Will RSK hurt the next leg of this run?
Decision time for WANETH.