jwvanderbeck

jwvanderbeck Updated 

There are two majority forecasts for BTC right now, Bullish and Bearish. The market could also be neutral, but I don't think so. The big question, as always, is which way is it going to go. I have been watching and plotting for two possible situations: 1) Bearish market : Under this assumption, the overall trend is bearish and the current move down is an...

jwvanderbeck

Rallies on BTC today have been rather strong, and I've switched to long positions. While there is some disagreement in my usual indicators, more are leaning towards at least a short term rally above 7k happening within the next 12-24 hours. If BTC can rally above 7K and hold, it should find medium strength support which can drive it bullish. BTCUSD