nomadwhale

nomadwhale

We are still in early stages of the downtrend. There is a long way for BTCUSD to go down. We expect the price to bottom around $1,150.

nomadwhale

Bitcoin is expected to flip bullish near term. This would be the perfect play to shake out the large number of bears that are anxiously waiting for the price to fall below $6.6k. We have observed in the past two weeks that a large number of traders have become far too confident in their bearish bias. This might be a time where we could see much of that complacence...