I have always looked at the chart from a weekly perspective and still believe it is still following the overall bearish trend. I like to keep my charts clean so don't expect many arrows or indicators used.
However, i believe this can change within the next few days! If we break $8500 it is time to step back and accept we are now on a bull run.
There is no Bull Trap and with more money coming into the market the market cap will continually increase. We have seen this with all the ALTS increasing gradually.
If we don't push past $8400-$8500 i believe we will fall back down to the $7000 mark or even lower.
First article and this is NOT FINANCIAL ADVICE, any feedback is welcome.
However, i believe this can change within the next few days! If we break $8500 it is time to step back and accept we are now on a bull run.
There is no Bull Trap and with more money coming into the market the market cap will continually increase. We have seen this with all the ALTS increasing gradually.
If we don't push past $8400-$8500 i believe we will fall back down to the $7000 mark or even lower.
First article and this is NOT FINANCIAL ADVICE, any feedback is welcome.