Technically, just another lower high on the daily. Weekly/Monthly show some strength, but considering the overhead resistance, not likely to burst through to 12k anytime soon. I could be wrong, but considering the action I've seen in the past, and the fact that most traders I know of are pretty disenchanted with the asset, it doesn't look overly bullish.
Don't get me wrong, it doesn't look overly bearish, either. It's a hodl situation, imo. I wouldn't short it, for the chance it goes higher, but I wouldn't buy it either, since there are numerous other assets that are not cryptos which have a higher chance of providing exponential yields.
Don't get me wrong, it doesn't look overly bearish, either. It's a hodl situation, imo. I wouldn't short it, for the chance it goes higher, but I wouldn't buy it either, since there are numerous other assets that are not cryptos which have a higher chance of providing exponential yields.
Comment:
Yay! I stand corrected. Looks like it's pickup up above 10600, a level with a good chance of causing an uptrend.