That was a rough day yesterday. But Bitcoin still holds strong above the ribbons.
I think this is possibly the last straw for Bitcoin remaining Bullish the rest of 2021. A reverse head and shoulder breakout before June 18th so that the bearish cross of the 50d and the 200d MAs.
We can expect a lot of volatility in June. Let's see how low this will go or BTC is gonna surprise us after all.
Are we gonna go Up or Down? This week should be interesting one after. Kinda tend to Down before getting in a new Uptrend. But maybe the Pattern fails and we trade sideways for some time.
Either ADA goes to 2000 sats or back down to 400
a head and shoulders starting from october 2019 with that infamopus 2.5k wigfr om 7.5k to 10k
after all I seen at the Shelley Summit, if the market allows it, this asset will be huge.
I think at the moment we hav a lot of space to the downside and still stay in a years long uptrend and still stay bullish. It's mak or break.
Would be healthy. But still, it's an Altcoin, might totally ignore that and move to 0.3$
If Cardano manages to launch both Shelley and Goguen by end of Q3 it could easily catch up to Ethereum. Especially if the KEVM features make it easy for projects to move and ETH2 development struggles with their strategy and situation (POW > POS).
I'm having an eye on some staking chains. BTC trading sideways for a few weeks around 10k would be healthy at this point.
good close on the CME Fustures. Can't wait for next week!!! It's like the final season of a good series coming. But don't worry, there will be sequels. ;)