After the strong rise from last week and the top made on Sunday, Bitcoin started to consolidate. The price action from the last 3 days is a rising wedge and this pattern can be the signal for a correction. On the other hand, a clear break above 21500 could lead to a new up acceleration. Anyway, from my speculative point of view, only a buy at 19k zone would make sense
Interesting to see your LTC TA suggestive of upward movement and BTC corrective downward. Typically they move together 🤷🏻♂️
Mihai_Iacob
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@seal8er, look in the past months... Also, i m not bearish btc, just don t want to buy here. Also, look at ltc s reaction on 20% rise for btc last week
seal8er
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@Mihai_Iacob, agree with not buying BTC here. Also I have been following LTC closely. What are your thoughts on Tucker Carlson’s theory?
alafzi
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I was confused, I wanted to buy on the number 14 for a long term, but apparently the growth trend line is broken, what do you think I should do?
Mihai_Iacob
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@alafzi, is speculate... don't care where Btc will be in 3 years
MeatKebab
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UR Great
InvestingScope
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Great view, let us know what you think of our idea: