I have made an analysis on Bitcoin 2 weeks ago and I guess I was wrong when looking at the bigger picture. I thought we would bottom here, BUT monthly charts look pretty bearish for the moment. I don't know about any particular reason for this but charts hardly lie.
Since no one currently wishes to sell their crypto, it looks very plausible to me to have BTC at lower prices. Uptrend will always be intact but every market have those downward moves when obvious fundamentals exist (Halving)
Since no one currently wishes to sell their crypto, it looks very plausible to me to have BTC at lower prices. Uptrend will always be intact but every market have those downward moves when obvious fundamentals exist (Halving)
Comment:
Nothing has changed since this post. Let's see if the price dips below 6390 6 month basis support.