Monthly TimeFrame !!!! What you see. The chart belongs to the whole market. Which is called Total . Because the Bitcoin dominance is declining and the price is 70% correlated with this chart. Given the divergence seen in the RSI , one can expect Bitcoin to rise and then fall again . According to my personal opinion and analysis, it can go up to the...
no highs no lows....only gamers and players...... twitch and yutube.....no discriminaton
Sooo, weak... On top, we have another significant spike of "days destroyed" >>> blockchain.info While there is certainly a lot of room for speculations about the possible reasons, I do consider it as a huge bearish red flag in any case. To buy/long ETH and getting rid off Bert before he starts to properly dump is recommended. Target (BTC): 373.00EUR (ETH):...
Sorry to disappoint you bulls, but we broke out of the primary uptrend in bitcoin. I applied this A=B method to estimate a ball park (B) for the current downtrend + a possible bottom. This is just my anticipation not a prediction! I only assume something like this might happen if we fail to break out of the downtrend around 300. Check out the volume profile...