We know things are going up from here. Maybe up only on the monthly candles. But this is still volatile and we're fooling ourselves if we don't think pullbacks and even large corrections are in order. But we have never had ETF's before. We're seeing large price movements to the upside, without any notable retail interest. Google Trends is showing a small increase...
I'm new to TA, so be gentle.. Technically, on a very basic level, we are officially free from the downtrend. Although, I think the day needs to close above the line. I have bought in a little already, but when I see some more confirmation, i'll buy again. In fact, I may place a Stop order to buy in at $10800. Let me know what you think please folks..
I hope this stays in the current trend as when it runs out of room, i'm hoping for a big break upward.
While i'm stating the obvious I know, there is no future in the current movement. Most believe there is a future for BTC and news and regulation is now favouring a future for BTC. So I believe we'll break out of this downtrend in the next few days and welcome in a steady upward movement. then the full-on bulls will get in on this. Let me know what you...