When Charlie lee sold his Litecoin he spoke of a multi year bear market.
BTC broke a downward trendline (not the first time) and everyone was waiting for a little volume to jump in balls deep. Enter the whales and here we have our pump.
Have the fundamentals changed in any significant way?
A weekly close above $180 voids this idea. Until then I remain with cash on the sidelines.
BTC broke a downward trendline (not the first time) and everyone was waiting for a little volume to jump in balls deep. Enter the whales and here we have our pump.
Have the fundamentals changed in any significant way?
A weekly close above $180 voids this idea. Until then I remain with cash on the sidelines.
Comment:
I would say that $180 so far has been rejected. I see a rising wedge on the weekly chart. They have a massive tendancy to break to the downside. Time will tell.
