Watch your positions traders as Bitcoin nears the decision points. All indicators giving high bearish signals.
On 20-23 Oct Bitcoin is likely to face strong selling pressure at $6000. If survived we can see trend reversal or sideways. However chances of this are very low
On same days RSI and MACD are likely to make lower highs against the current resistance and is currently not likely able to break it because of constant declining volume or maybe because of a lot of extra space for them to slide below
I would be sitting in my TUSD, or USDT and watch for price movements.
BTC is soon Dead. XRP and X-Rapid have solved the scaling issue, is in use today by International Banks and will soon be taking over the number one Crypto Market Cap position . BTC will go to $100 by 2020. Time to thank it for it's service and move on. It is now Old Slow Tech.
@Shafay, I had a funny looking mushroom....... I still say that besides on boarding as an avenue to buy Alts. BTC has a rapidly, dwindling use case. I should also point out, until very recently I was a Bitcoin Maximalist.
The BTC Dev team is hamstringing BTC IMHO. The Crypto Tech is moving on without them. BTC Transaction speeds are now Light Years behind XRP...... With X-Rapid XRP can do 100X More transactions per second than the Visa network.
That kind of development can't be ignored. Ripple is doing what BTC was supposed to do, taking over the SWIFT market. If XRP gets just 1% OF THAT MARKET!! first of all, I'll be one wealthy breakfast eater, secondly the other top 5 Crypto's will have had their breakfast eaten while they watched. Just sayin. If you don't own any XRP you might wan't to look into it is all.