compexdigits

compexdigits Updated  Feb 21, 2018

BTC is stuck between a rock and a hard place. I think it will need to make a sharp move either up or down, and soon! Orange line - The top of the down trend channel, which BTC just got smacked down from. For confirmation we are out of a short term down trend, BTC must break through this line. Blue line - Trend line for our recent up rally. If BTC breaks...

compexdigits Updated  Feb 5, 2018

I just noticed that the huge volume in bitcoin dwarfs the volume of any period we’ve seen in the last month. Volume is typically largest at the beginning and end of a trend cycle. Could this be stage four of bitcoin’s downward trend (exhaustion)? Just an idea. What do you think?