Yesterday I made the case that presuming the end of the bear may be a bit premature. Comparing the weekly chart to the weekly chart of 2015 shows this as well.
I'm comparing this weeks candle to the candle of the 29th of June. Now here is where I'm being a bit premature, as this weeks candle is still young and bitcoin being bitcoin could close anywhere between 0...
I'm seeing people confirming bull markets and other (dare I say ridiculous) statements floating around the internet, as happens every time price moves up. Unfortunately, most people can only see what they want to see..
Granted, this is a significant move, but at the moment I don't see it going much higher anywhere soon. The bottled up hope that is released by the...