asianwhales

Datadash was right about the McGinley Dynamic on Bitcoin

Long
COINBASE:BTCUSD   Bitcoin
Today in a Video posted on datadash's youtube video he stated there would be two options. The McGinley Dynamic indicator is consolidating BTC where both points meet which should be in a couple days. This will allow a trend toward either the upside or downside which he did not know what would happen earlier with not a lot of buy volume.The first option is that Bitcoin would trend upward on the McGinley Dynamic indicator which could see $6000 my the second week of May. Judging by the Volume Flow Indicator we can see a nice cross starting to form which could trend toward the upside. The second suggestion is that we could see a large pullback in the long term by the summer down to $3100. In my opinion this won't happen. Things are looking toward a long here. Any comments and valid discussion are wonderful. God Bless you Namaste.
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