Bitcoin has managed to break it's local down trend and has been going sideways, in my eye it's been forming an ascending triangle which usually break out bullish , although we should be prepared for anything with current global market conditions. I have been filled on my spot orders I had down around ~36500 I won't be buying any more bitcoin unless we break down...
My prediction is that euro will perform well against the US dollar over the coming decade. Might try to get filled on some long orders although I barely trade forex.
Added to my Cardano position yesterday, up around 8% right now. Cardano was down around 54%, let's see where it can go, might sell some of my position if we can get over $3 in a relatively short amount of time.
Could the next bear market on bitcoin be bigger than the usual bear markets we see on bitcoin? Predicting bitcoin is hard considering it's such a new asset and we don't have much data yet.
I've already published this idea before but since then adjusted some drawings, a bearish December for silver is definitely possible and we could still see 20.500'ish.
Wyckoff distribution on the 1d BTC chart. It's definitely possible for btc to test lower levels first the coming weeks before we head higher. Let's see how it plays out and if we'll make another HH.
I don't like drawing trend lines because there's usually a million ways to draw those darn things, just like how David Paul would tell you, but according to this one we could be trending higher sooner than later!
Whatever you do just HODL.
Bitcoin has recovered from it's bigger 50% retracement, which was well needed since Bitcoin was way overextended earlier this year. Some people called it a bear market, I don't think it was we didn't take out any weekly lows. We've went through a distribution phase between February and May and entered an accumulation range soon after which we've broken out of and...
Seeing similar old behaviour playing out in silver price in a 10 year cup. Seemingly silver is currently taking out stops in an infamous Wyckoff re-accumulation range. In terms of price predictions I think we could easily move up from here but don't be surprised if we first test the 19.000-20.000 levels around the cup support.
My advice is to DCA into silver and...
