Last bull run we found out that the Koreans know how to bitcoin. Check the KRW chart when there are discrepancies between various USD exchange charts. For example, it's hard to tell from this last move up if we broke out of the downtrend or not. Bitstamp says maybe no, Binance says yes. KRW settles the matter.
Last time the 50 MA crossed the 200MA, on the BTC/KRW pair, was Jan2016.
risk to reward is too good and worth a shot
stfu just posting this because chart looks a lot more bullish in KRW than in USD CME chart is probably the truther one of them all, no weekend spikes included show a weird pictuure anyways any long will be money this is financial advice this is not financial advice sftu
every long candle bars in extreme short minutes all has similar ratio 4~5%. and also those technical steps in which the price flows have same similar ratio 4~5%
But...
This is what might be happening IF we are indeed bullish.
Not worth scalping here. So much closer to the bottom than the top.
Bithumb's volume fell off the face of the Earth a day before the 25% dump and I do not enough anyone talking about it. It looks even crazier on weekly.
Launch is a go. Igniting rocket boosters. Liftoff in 10..... 9.....
Volume Spike! This looks really different if we compare with any other fiat or usdt pair. You dont have to freak out i think there are Two Possibilities: 1. They’re moving out of Tether back into $KRW following regulation changes and removal of banking restrictions. 2. Silent Pre-Accumulation due to green signal for ICO and Cryptos in south Korea.
Bitcoin’ and cryptocurrency became really famous in Korea. If you go to there, there is something that you can tell right away by interacting with the people... They are really, really smart, advanced, educated, polite and beautiful people. I believe they are ahead of the game when it comes to most other countries and their interest in Bitcoin’ is increasing...