Hi all,
I am a perpetually bearish individual until I see a reason to be considered bullish. With that in mind, I notice that XRP has ripped through a structure this week. My thought with this is that we will close below it within the next two days, meaning BTC will likely go above and promptly below as well. BTC and alts seem to be laggard complementary indicators of each other from what I've seen, and it seems like alts will dump one impulsive movement before BTC does. This leads me to believe that BTC will test the 6900 region, followed by a close near the mid 6700 region.
I am not an oracle or a fortune teller, rather just someone using logic here. IF price does hold above? Beautiful, we could consider seeing some more bullish momentum coming our way, and that would be great. Let's see what happens.
I am a perpetually bearish individual until I see a reason to be considered bullish. With that in mind, I notice that XRP has ripped through a structure this week. My thought with this is that we will close below it within the next two days, meaning BTC will likely go above and promptly below as well. BTC and alts seem to be laggard complementary indicators of each other from what I've seen, and it seems like alts will dump one impulsive movement before BTC does. This leads me to believe that BTC will test the 6900 region, followed by a close near the mid 6700 region.
I am not an oracle or a fortune teller, rather just someone using logic here. IF price does hold above? Beautiful, we could consider seeing some more bullish momentum coming our way, and that would be great. Let's see what happens.