Hi Guys,
for now, i do not get all these bearish analyses that are getting posted.
What i can see is a .5 fib retracement after a maaaasssive upturn which was absolutely expected after such a massive upturn in all of the coins.
Moreover, most alts have turned bullish in terms of moving averages, only btc still didn't.
Anyways for reasons of being the most watched coin, i did the fib on btc, however this applies to nearly every coin out there, most of which outperform btc in terms
of the chart picture. Most importantly, despite of bad news (myetherwallet, eth bug), we still hit the expected fib lines, therefore i'm not able to follow all these bearish analyses.
for now, i do not get all these bearish analyses that are getting posted.
What i can see is a .5 fib retracement after a maaaasssive upturn which was absolutely expected after such a massive upturn in all of the coins.
Moreover, most alts have turned bullish in terms of moving averages, only btc still didn't.
Anyways for reasons of being the most watched coin, i did the fib on btc, however this applies to nearly every coin out there, most of which outperform btc in terms
of the chart picture. Most importantly, despite of bad news (myetherwallet, eth bug), we still hit the expected fib lines, therefore i'm not able to follow all these bearish analyses.