With the rise in the price of all crypto assets, many novice and beginners has been attracted into the crypto currency space with millions of dollars willing to invest/buy at what could possible become the annual All Time Highs (ATH).
Technically speaking i would like to see price close substantially above the $20,000 price level and perhaps retest it one more time before we can consider a continuous bull market, but without that, i see a massive reversal to the downside which may last perhaps all through 2021.
Curently am locked-in in a sell position and patiently waiting to see how price will further confirm to this my hypothesis.
Goodluck and Happy Trading.
Pipboss .
Technically speaking i would like to see price close substantially above the $20,000 price level and perhaps retest it one more time before we can consider a continuous bull market, but without that, i see a massive reversal to the downside which may last perhaps all through 2021.
Curently am locked-in in a sell position and patiently waiting to see how price will further confirm to this my hypothesis.
Goodluck and Happy Trading.
Pipboss .