EMA200 and EMA50 are probably not crossing in June--Target 45K
Following the slope of EMA200 to check if we are in the bullish phase or bearish phase.
Currently the slope of EMA200 is slightly sloping upwards.
Next target is 45K on BTC then a check of the EMA50.
Absent world events like a cyber pandemic (internet is vastly shut off) I suspect that BTC is onwards to the path of $100K in 2021.
Even if vast parts of the internet are shut off, the spot prices for BTC might still be high on the remaining P2P markets.
Currently the slope of EMA200 is slightly sloping upwards.
Next target is 45K on BTC then a check of the EMA50.
Absent world events like a cyber pandemic (internet is vastly shut off) I suspect that BTC is onwards to the path of $100K in 2021.
Even if vast parts of the internet are shut off, the spot prices for BTC might still be high on the remaining P2P markets.
Comment:
Nope. One last sell off then bounce. We are currently 32K.
Comment:
It sold to 28.5K approx. Then bounced all the way to $34K quickly. Possibly a signal for a spring move in the Wyckoff signal.
Comment:
Still exiting Wyckoff.
Comment:
Phase D Wyckoff.
Comment:
Closed.