1. Overall trend = Bear
2. 7 months straight red, last month closed in green
3. Back to that middle Bollinger bands line (MA20) minimum AKA ~$400
4. Who gives a fck about news, who gives a fck about Constantinople etc bs. Without all these news, charts still move the same way. News do NOT control charts, nor anything else. Who does? Ask the government.
5. Conclusion, bull for now.
I don't think it'll go any lower than last low ($84)
Eventually it will, after the bull, probably to $15-$17
But before the drop the price to that low, they have to pile up money from buyers, so price has to go up first, attract eyes, collect ego, surprisebuttfk. That's how the system works.
Goodluck everyone
2. 7 months straight red, last month closed in green
3. Back to that middle Bollinger bands line (MA20) minimum AKA ~$400
4. Who gives a fck about news, who gives a fck about Constantinople etc bs. Without all these news, charts still move the same way. News do NOT control charts, nor anything else. Who does? Ask the government.
5. Conclusion, bull for now.
I don't think it'll go any lower than last low ($84)
Eventually it will, after the bull, probably to $15-$17
But before the drop the price to that low, they have to pile up money from buyers, so price has to go up first, attract eyes, collect ego, surprisebuttfk. That's how the system works.
Goodluck everyone