


Past Activity: As BTC breaks out and starts to rise traders tend to feel its rising cycle is never going to end and build confidence based on hysteria. This misjudgment provides a blind faith in investors as the chart takes exponential curve based structure. In the state of rising parabolic arc, the price continues to rise without a pause and/or with series of...
With Bitcoin getting close to its biggest resistance ever (6k prev major support) a few questions arise Will it be able to break it on the 1st try >highly unlikely... We have massive bear divergence with declining volume in an overextended move aka rising wedge.
Bitcoin is close to testing a very heavy resistance (5800-6000$) and the situation can be described with 3 words only : Do or Die!
With Bitcoin trending well above 4000$ for the past month, the market sentiment has shifted and NULS is not falling behind. NULS was trading a range for 108days. The mid-term spike, backed by volume, to 0.00015BTC got my attention and NULS has been trending ever since. The bullish trend (HH>HL) is intact ever since the 10th of Jan low, puncturing through...