Reading through a number of ideas but but I'm struggling to see the bullish market for BTC. I don't think it is particularly negative and I'd like to draw some ideas pointing up into space but i don't see the longer term indicators pointing in this direction or the upside for an investor when the wide market interest is not there just yet (Possibly more value in the ALTs but they have been sweated over the last month).
What I can see is a big bearish flag and a big red matador sitting in the way of the bulls running off the 4hr MACD which will get overbought very quickly and will perhaps struggle to get past $9k.
A lot will hinge on the next few days however and there is some value still in the ALT market and hope to make up on my beer money - I'm expecting some moves up but waiting for this flag to be broken down and I'm going to stick with my mid to long term strat and expect to follow the Bear with FIAT come mid-week.
Ho hum, HardForky
What I can see is a big bearish flag and a big red matador sitting in the way of the bulls running off the 4hr MACD which will get overbought very quickly and will perhaps struggle to get past $9k.
A lot will hinge on the next few days however and there is some value still in the ALT market and hope to make up on my beer money - I'm expecting some moves up but waiting for this flag to be broken down and I'm going to stick with my mid to long term strat and expect to follow the Bear with FIAT come mid-week.
Ho hum, HardForky
