I am not sure why they are so many bears still on BTC. For me it's so simple:
We broke the 6-7 months of downtrend.
We had a pretty good accumulation in the $6500-7500 area
We are over all moving averages and expecting a golden cross soon
We have a big support bellow us that will take a lot of selling to be breached
Good luck trying to short this chart!
We broke the 6-7 months of downtrend.
We had a pretty good accumulation in the $6500-7500 area
We are over all moving averages and expecting a golden cross soon
We have a big support bellow us that will take a lot of selling to be breached
Good luck trying to short this chart!