TradingHypothesis

TradingHypothesis

Psychological level of 10k may be difficult to surpass. I believe this is still a purely speculative market. I also believe major profit taking will take place, at or just below 10k, bringing price back into 5000s. Then, rebound and ranging into 2020. * * * * * If 10k is broken and holds, then my bias may change.

TradingHypothesis Updated 

Everyone expects $200-250 ETH and BTC to 6500 Maybe However, if BTC breaks down, I'm looking for $120 ETH

TradingHypothesis Updated 

(Note: we are using the inverse BTC/USD chart in this instance for effect/perspective) USD is now trading below the 49 and 210 day moving averages against Bitcoin. In the previous BTC bear market of 2014-2015, this was also true for a time, but price bounced back above for a period of a few months. Towards the end of April 2019, or more likely during May, there...