All eyes on Bitcoin this week.
Updated
Tomorrow's the big day.
If you want to know what fear and confusion looks like in the market here's a perfect example. Nobody is sure what's going to happen tomorrow. At the same time, this chart doesn't look any different from any other chart, because they all represent the same human variables.
I'll be watching the daily candle today for insight into tomorrow. I am expecting the fork and low liquidity to cause the price of bitcoin to tumble to around 2300 tomorrow before continuing its bullish run. However, the low liquidity could work both ways and drive the price up to unsustainable levels for the time being. So be careful and don't get caught chasing a candle tomorrow. Let the price come to you.
If you want to know what fear and confusion looks like in the market here's a perfect example. Nobody is sure what's going to happen tomorrow. At the same time, this chart doesn't look any different from any other chart, because they all represent the same human variables.
I'll be watching the daily candle today for insight into tomorrow. I am expecting the fork and low liquidity to cause the price of bitcoin to tumble to around 2300 tomorrow before continuing its bullish run. However, the low liquidity could work both ways and drive the price up to unsustainable levels for the time being. So be careful and don't get caught chasing a candle tomorrow. Let the price come to you.
Comment
Got a quick retest of the 3000 level after the strong daily close, but we did not break the ATH and now we are retracing. Looking at the value of BCC today up over $400! With Bitcoin not even budging I am expecting BTC to test $2300 area.Comment
$2400 area**
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