If structure is held long enough grinding back up should not be a problem but still expecting increase in supply if/when price double back.
Supply/Demand used to determine next price swing.
Its obvious $BTCUSD has taken a beating that seems will never end. So now the question is when will it be appropriate to nurse the wounds. Soon...For the short term at least.
This chart reminds me of those parabolic AAPL days, when you wished the price would slow down just enough for you to hop on and enjoy the ride. Then it finally shows signs of slowing down but to your surprise its more like a screeching halt. Ill play this continuation just as I played the last one. SMART
I am sure we've all noticed the entire market has taken some extreme heat lately.Every second theres another author, or commentator speaking on changes affecting the underlining fundamentals. Basically theres always uncertainty, unfortunately this will never change but the way we interpret the data and its relation to the overall affect on the market can. There...