Hello everyone, Here I'm going to be taking a look at the recent price action we've had with NEO/BTC and use some longer-term trends to show you where I believe we're headed. For those of you who would like to learn more about the project I just wrote an article explaining the technology involved in developing Neo's Smart Economy for readers who are not...
Hi Everyone, It pains me to make this prediction, but as much as I love Bitcoin fundamentally, I believe that we are in a mid-term bear market. Mid-Term being what I think will be around 1 and a half months. Historical evidence: This idea was not my own but I saw the argument on Twitter and its something I can get behind. If we go to the weekly chart and pull...
I've been watching this chart waiting for the price to break outside of the handle for about a month now. I figured we would find support on the 200 SMA and go through from there. We didn't get that on this chart, but support was found on previous price action from December where it held very well. So far in the run up outside of the handle, we've seen resistance...