Bitcoin Short term short and then long
Trading Tesla now is stepping on thin ice. I think we go back to 200 area. Market panicked when reaching 230 USD and got dumped as soon as opened. Then if we manage to break above green trend lines, We might go higher, up to 260, but I it might crash to 180 or lower as well, Tesla P/S ratio is yet crazy high and their sales growth isn't really surpassingly for...
LGO should reverse up soon, as demand for vanadium is raising, current supply is not enough.
I think that we will retest 6000 USD area +/- 400 usd. Then bull run, after some stagnation and awakening of altcoins.
It seems to me that altcoins, in this case Lisk won't drop lower in relation to Bitcoin, they dropped too much and there is huge space for upward movements. Additionally Bitcoin should stagnate/drop a bit in upcoming weeks after small bull awakening. Lisk is also very promising coin, very close to release their Alpha SDK, which allows development of blockchain...
It seems to me that altcoins, in this case Ethereum won't drop lower in relation to Bitcoin, they dropped too much and there is huge space for upward movements. Additionally Bitcoin should stagnate/drop a bit in upcoming weeks after small bull awakening.
LISK - MORE THAN 1 YEAR IN DOWNTREND, RESISTANCE GONE, MARKET CLEANED, SOME PEOPLE WENT BROKE, SOME MAKE MONEY TIME FOR NEW CYCLE
OVER 1 YEAR IN DOWNTREND, BIGGEST FINANCIAL & ECONOMIC REVOLUTION, ISN'T THAT ENOUGH?
I think that price of Bitcoin may follow the green and red arrows scenario, however it can also follow yellow arrow and go down again, but fundamentally it makes no sense to go down - more than anytime in past.