The New Moon of March 17th affected significantly to BTC price and bears took the market. But with the equinox taking place the 20th of March we ought to see a reversal with Aries helping the bulls to lift BTC and start a new run. This double bottom has brought us new opportunities to grow our positions and under the stars conjunction the ATH will be closer, and...
The bounce has happened in the very intersection of the correction and long term trend lines , see my previous idea to see that I haven't moved the trend lines I draw. Someone has bought in the very dips. Maybe banks, companies, hedge funds realised they were outside the game, pressed their governments to announce regulatory news that will never carried,...
BTC is slowly recovering the mid-term trendline. It might bounce a little (and hope there are no more hack in exchange that damage the crypto or rumours that some country is banning exchanges...). Total crypto market cap is recovering slowly too, but that means people is reinvesting again. Lets see if the "new" users boom in exchanges materialises and the market...
BTC retesting the mid-term trend line. We expect it bounce around this trend a little but if market sentiment finally prove bullish BTC will have exited the correction and settle again this mid-term trend line. I don't think BTC will recover the super bullish short trend line that made it reach the 20k $ in two weeks. BTC, despite being the main cryptocurrency,...