Massively short interest (35%). Breakout and retest of long, technical downtrend. Former CEO recently made large insider purchase. Could the Dems be looking for increased border detention funding?
Next meme coin coming for you
I'm not worrying until we get to about 44k or so.
Do you really want to go bet against the Gamestop of crypto? That's just adding fuel to the fire, IMO. The kids are alright.
Musk's announcement re bitcoin will get all the attention, but the recent stalled price action on bitcoin looks like large actors may have been keeping the price down. Checkout the Wyckoff action.
I had an idea of looking at the relative performance of Bitcoin/Gold to see if there would be any usable timing indicators for a bull market. Pretty interesting stuff. The MACD is bitcoin/gold. The chart in red is bitcoin, obvs.
We had a springing event yesterday below the $20 dollar level to shake out stops. Looks like a clear Wyckoff accumulation pattern. Go long.
Both with their subsidiary Jio and their headline-grabbing oxygen production numbers, is Reliance the Indian COVID investment play? #prayforindia
Pretty Simple. Exponential Adoption Argument. Go long, folks.