MCO looks like its struggling to stay in the recent channel
NVT dropping into pre bull area? Green in the NVT shows a bottom and pre bull run in Bitcoin history 4.5k to 5.2k could bring the NVT lines to that level it may do the same this time? BUT it looks like futures may have turned bitcoin into an asset! interesting times
just my opinion 6600 and down to 3800 could happen also, bull runs always start when the NVT trend line goes green!! bulls are struggling to break above 6900 bear take over is looking more likley NVT is worth watching #bitcoin
Bitcoin has become an asset S&P 500 compared to Bitcoin. I think from now on by way of futures bitcoin will follow stocks! p.s the moon ( Karl ) on youtube is posting so much shite twice a day I think he may be mentally ill. would you take financial advice from a virgin with no education at all?
this is critical on the daily chart. A death cross is not good for bitcoin,
Bitcoin has tried to push through 6950 twice. one more time and it fails i could see a drop to the bottom line.
Early August at 5800 to 6000 after the halving is when I expect the price to decide on a bull
to be clear, and not look at youtube knobheads.... the BLX on Weekly or daily time frames with YOPE on log shows we are just heading to the LONG term bottom line like many times before. more blood? probably but it might hug that line for another 8 to 12 months. Share this. it's normal!!! the wilder ups and downs since the last ATH to now from pervious bear...
proper bull runs start when NVT is green in history, something to think about ps blame it on margin, futures and options traders, not coronavirus it might never see 10k again
On weekly BLX it rsi and stoc showing there’s still room to go off old Yope
all indicators have floored IF we hold this support ( i say IF!) this triangle should be your next trading channel IF....... IF WE CARRY ON DOWN, I THINK WE COULD HAVE A VERY BAD FEW MONTHS AHEAD IMO, The institutional money is getting pulled out to cover loss from stocks people were praying for that money to come in, now you can see why it is actually dangerous
If you're using bitbay, BE VERY FOOOOKIN CAREFUL check out these wicks its the new scam exchange and out to arse pump you
we are in the last few months of the bigger wedge. it's going to get very interesting hold that line!! or it could be trouble