danieltbolsch

danieltbolsch

Bitcoin is currently trading around $90,000, which is notable. The sharp price increases following Donald Trump's election victory have been significant, but experts suggest that a period of cooling or consolidation could be expected. During strong upward trends, investors often delay selling, anticipating further gains. However, if the price unexpectedly starts...

danieltbolsch

according to this LuxAlgo indicator, BTC can undergo a short correction. This is due to the red zone the price is in. The red zone indicates a low money flow, people do not buy or sell a lot in this zones. This suggests BTC is slighly overbought. At the other hand, the sentiment profile (at the left of the profilemap) shows a strong market, with even 100% change...