BitcoinUpdated The next 10 days, will be the determining factor.
Bulls are alive if it can re-take $7000, with a break of that falling wedge.
If it gets below 5.5k (excluding flash crash), perhaps you should start re-accessing crypto as an asset class. Its going to be another year or two of bear nuclear winter.
Good read if you're in for the long haul: messari.io/report/crypto-theses-for-2020
I'm bullish bias.
Watching hashrate:
If it gets below 5.5k (excluding flash crash), perhaps you should start re-accessing crypto as an asset class. Its going to be another year or two of bear nuclear winter.
Good read if you're in for the long haul: messari.io/report/crypto-theses-for-2020
I'm bullish bias.
Watching hashrate:
Note
Update. Wait for hash rate confirmation. It might chop here for a bit more.
Note
Notes on chart.
8k tag as the first level of ab=cd target from 7k.
Hope you see how this works, with a multi timeframe & multiple confirmations approach to price action.
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