Lets see what happens? Hopefully we caught the bottom... good time to pump with failing traditional markets and stimulus checks being distributed
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After setting lower highs im suspecting btc to see continuation to the downside until we break this wedge as seen in the one previously. Suspecting we break 7k with force here unless bitcoin reaches below 6500 than i will have to rethink my position and overall sentiment on bitcoin in the immediate term.
After analyzing some weekly price action i notice this recent drop in price action pinged Bitcoins rsi so an historic level on the weekly. Last time this happened was also 50 or so days prior to a halving like we are approaching and it concluded in a rally of 120%. with the only valid trend in the market being a falling wedge its my assumption we'll break out of...
excited to see how things pan out... beginning to research what alts may be the best so far xrp etc btt link and xtz is what im holding oh and agi.
just as a wisp i watch this btc print... *cough i must lie awake though because this cant be dismissed. For greed still strives the filthy rich... i hate laying here in blunder, if ill just have to hodl my bitcoin and continue to plead the fifth.... ...Boy i wonder... if corona could actually help put this boy back to slumber.
bulls need to end the weekly on this month green right?? will quick crash and pump like when we touched the new "floor" back in december?