Bitcoin is acting promising in the last days. Doomsday predictions everywhere but Bitcoin decided to go fully horizontal.
This could mean few things. First, there is not enough buying power and price is standing pretty much in no trade zone.
Or that could also mean that someone is silently accomulating bitcoin. Waiting for every minor drop and do a purchase, and repeat and repeat until it's to late for retail investors to buy for a discounted price.
This is the first promising sign in the last week, also correlation between Bitcoin and stock market changed a bit (finally). So let's see how this plays out :-)
This could mean few things. First, there is not enough buying power and price is standing pretty much in no trade zone.
Or that could also mean that someone is silently accomulating bitcoin. Waiting for every minor drop and do a purchase, and repeat and repeat until it's to late for retail investors to buy for a discounted price.
This is the first promising sign in the last week, also correlation between Bitcoin and stock market changed a bit (finally). So let's see how this plays out :-)
Nota
Channel was broken which leads to price increase.No we are facing first local resistance (blue), and then a major resistance (orange)
Nota
First target reached.Nota
Bitcoin is a monster.Target reached.
“If you personalize losses, you can't trade.”
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
“If you personalize losses, you can't trade.”
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.