Bitcoin has reached a major parallel. High today was $24 below the 2017 high. When a rally is described as a ‘breathtaking rocket ship launch‘ (see dailyforex.com/forex-technical-analysis/2020/11/btcusd-another-breathtaking-rocket-ship-launch-underway-november-23-2020/154172), I tend to think that the market in question is near a peak. Visit scandex.com/author/jamiesaettele/ for more updates.
Director of Technical Research at Krilogy, author Sentiment in the Forex Market
Twitter: twitter.com/jamiesaettele
Website: krilogy.com/
Twitter: twitter.com/jamiesaettele
Website: krilogy.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Director of Technical Research at Krilogy, author Sentiment in the Forex Market
Twitter: twitter.com/jamiesaettele
Website: krilogy.com/
Twitter: twitter.com/jamiesaettele
Website: krilogy.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.