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I'm always a BULL but this long run without much pressure from the Bears is starting to smell fishy! Let's hope we don't see them for a couple of months. But maybe we are not that lucky, i think there is one more small attack from the Bears before they go to hibernation
Most Top T.A in Trading View are saying that BTC will go back down again, just as they were saying BTC is going to reach 4.8k back when it was 6.4k! You know what happened and BTC instead of following TAs it went the opposite and destroyed loads of short-sellers. (40k BTC shorts went to 26k in 30 mins). Stops got triggered and many people lost money. The bulls...
This is how i see BTC next days. What happens after we reach 9k?
I think we are not going back down anymore....Bears played with 6.5 k for two weeks and could not drop it lower. Could not reach Feb 6 lows.
There were 40k btc shorts on bitfinex alone just before the 1k usd rise of BTC. Anything can happen, but the sentiment is changing.
If BTC was to fall again...
LTC needs to cross this bear trend line to catch up to other coins. Most top coins are 20% above the bear trend line, and LTC is stuck behind.
If LTC moves above this line today, there are good things above that line waiting :)