mACD is still rising in the negative direction indicating a continuation of the bearish trend, don't you think?
DNVYN
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@Mudrex agree, but all indicators are lagging so who really knows.. but when you look at the structure of the market it’s about probability at this point. Plus the way the dollar got printed this past year is ridiculous. If it falls it will hard but I’m easing into longer positions. I wouldn’t want to short from here since I was shorting from 4000
Mudrex
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@DNVYN, I totally second the dollar printing part. the way the central banks are printing money around the world, it's absurd. money sitting in their bank accounts is losing value like crazy. If u shorted from 4k, you would be sitting at some good profits now brother :)
DNVYN
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@Mudrex yeah paid off some debt lol, but I fee the longer it stays above 2k without another drastic drop the more buyers are going to gain interest. The sentiment of crypto is still the same long term, most people just want a couple good daily candies first