This is my long term plan. Before the halving I think that bitcoin will reach at least $50,000. If for some reason bears will take control of the market, which I doubt I plan to load up at $1500
My twitter: @CryptoWolfy7
I have been posting about the BTC bears for some time now, and my opinion is still the same; the Bears have strong control. As you can see the RSI is moving into oversold territory after the recent drop from $7,400 to $7,300.
However, their domination could soon find a short term end, as BTC is dropping close to long term support of 7,000 USD. I couldn't imagine...
BITCOIN: BTCUSD The bulls are back in control of this stock today whilst it holds above the upper parallel. This little consolidation is likely a continuation pattern pointing to the upside - that continues to be the case whilst it holds up above that parallel.