I'm thinking we're in for a repeat of August here. dip down to the middle trend of the pitchfork and bounce to return confirms my suspicions.
We'll get some ATH in the coming week, but be very wary of a big drop back down to the bottom of the channel.
BTC has been respecting these lines for about 4 months now so I don't see any real reasons for it to break off now.
Forking news is fairly inconsequential IMHO as this will be priced in already.
We'll get some ATH in the coming week, but be very wary of a big drop back down to the bottom of the channel.
BTC has been respecting these lines for about 4 months now so I don't see any real reasons for it to break off now.
Forking news is fairly inconsequential IMHO as this will be priced in already.