Fundamentals vs. technicals
In a November lame attempt, I was looking at technicals and simple long term moving averages. A slow break to the 5-6K range seemed be a likely outcome.
Revising and learning from the events of the past few week, my expectation is that this break lower seems to be postponed until further fundamental news.
(Check and press play on the...
I'm by far not a trading expert, but wanted to look at the target of the current BTC price movement in light of 50-week and 200-week MA as supports and resistance.
I aIso asked friends "in-the-know" of #crypto markets and whose opinions I respect. The median of the mini #consensus (non-representative, small sample size survey) was $5563, which comfortably sits...