ewoudp

Why is BTC so boring?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
After being pushed down by the H&S trend line , BTC is now reluctantly strolling between 8k en 9k, unsure what to do with it's life. It seems to be triangulating towards a 8400 equilibrium, with increasingly smaller bounces. The first one might be 8000, but there are few signals and no volume . Brave is the one that shorts on this narrow leverage.
Comment: BREAKING NEW, BTC is still boring! ; triangulation target is still legit.
Comment: BTC has for now broken through the H&S trend line and also the longer 1 month downward trend.
is very funny!
+1 Reply
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