Let's take a look at what's going on in recent days/weeks for Bitcoin. From a technical perspective, we are seeing an Ascending Wedge pattern (which is a bear pattern ). Ascending Wedges are formed when the price of an asset makes a slow recovery after a Big Drop . This is the case with Bitcoin . After the huge 75%+ drop from 10,600k where we marked our previous...
STEEM / BTC has had quite the bit of dramatic sequence the last few weeks. From what many view as the hostile takeover of the network by Tron Founder Justin Sun, to the subsequent hard-fork, STEEM price action has gotten one thing. Crazy. From a low point of 867 SATS, this thing has exploded to 8133 SATS at the peak! That was nearly a 10x for premium content...
MATIC / BTC pairing has been accumulating for some time now. OBV is through the roof, and I have personally been watching the price action. Over next several days (1-2 weeks tops, this is a shorter term play) I expect MATIC , to fly upwards VS BTC. My entry is 272, 03/07/2020, and it’s currently sitting at 279. Good luck. Targets 320, 350, 400
BAT / BTC , as well as BAT / USD are both oversold. After increasing to $1.00+ against USD , and +90k sats for BTC, BAT has taken a tremendous downturn over the last several months. With the semi-bust and non-adaptability of the "Brave" browser, and the lackluster support and downloads of users to the application has probably played a part in the lack of...
I say it in jest, however this trend is pretty blantant. We all like to play the short - mid term plays on BTC/USD. Thats the goal. Accumulate more BTC as we continue to rise in price BTC/USD over the long term. This chart isn't to excite anyone, or to disway anyone's opinion. It is simply showing how obvious it is that digital assets, primarily BTC are...