Today we got to a key level reaching the .618 fib (13500/14000) taken between 20k got on dec 2017, and 3200 dec 2018. This has been a crazy rally which i was not expecting which such violence..., that said, my guess is we reached the first top for this massive rally ahead. Now its time for a break, a good and healthy correction, which will give a chance for new...
Always zooming out makes a clear view of where we are at. We did not broke the historical resistence and also, we still didn´t broke the MA200 on daily tf. As always i all depends on what bitcoin will do, in case of bitcoin, it did broke the MA200, yet if you look at the historical chart, it also did the same on 2015 and it was a bull trap. We, as traders, have to...
in my opinion, history will repeat itself, also, technical indicators shows us good value to our idea. last crash gave important relevance to gold, and also bitcoin was born. do u think we are near (without dates) to a new crash? do you think it will mean the biggest rise for cryptocurrencies and gold in history?
Im still waiting for a final drop in bitcoin, at least to the low 5ks. that would take bch to our nice entry point for the long term around 300. and would also show a nice bullish divergence.
Do you agree on this? any mid/long term chart?
