OutSideBet

pretty simple this next 48hrs..

BITSTAMP:BTCUSD   Bitcoin
Another US hearing..... 3rd times the charm right?

Down we go, this times it's not focused on Libra but the whole ecosystem. BTC on a knife edge as it is and the ALT's are waiting to pop. BTC vs ALT ur choice chart. It pretty much down the hill from here looking for consolidation at lower ranges, 8,7,6 they all been called pick your best bet. If the snail pencil pushers can actually mutter okay we give you a grace period kinda answer. Look to buy your fave alt, BTC will consolidate near a EMA on a longer day/week average. At which point its whale season.

The dark horse in this whole 'race' is XRP. Still got that feeling they have been pushing, gov for last few years. I think the kind of clarity needed there can wake that horse up! But that horse still has a ways to go. Forgive me i digressed.

The only candle in the wind here for BTC is some sort of news from China. If that surfaces in the next few days, look for a retrace and breaking of ema 50. But for now pull out and look for lower support.


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