Bitcoin hasn't actually Death Crossed yet on the 1 day, so maybe the world is not over the big boys only get daily candles a week, their chart neutralizes extreme bitcoin weekend volatility
Golden Cross setting up and Zcash ECC has a big upgrade coming soon for main net. Fundamentals are good and ATH revisit will be available in the next few months
less than 12 million token float. recent partnership with Ethereum - Market Cap 365 billion dollars and Filecoin - 6.7 billion dollars current Zcash market cap is 1.4 billion which means to catch up with peers, it should at least gain 400% by end of year
Lithium is the future, watch this baby rip once the Republicans get booted in 2020 vote
gaining bottom feeder attention in social media trading sentiment company has long history, thousands of bagholders create downward price pressure upside is strong name recognition, and government subsidy & too big to fail dynamics major catalyst needed to reverse the multi year bearish price cycle
all it needs is a catalyst to exit the 6 month consolidation down inflation all around us watch for volume ramp up to foreshadow the move
if this is end of cycle, then we see it under $50 for Christmas
Zcash is taking Halo testnet live in the first week of July chart can try to out run bitcoin if bulls step in Zcash is in the Post Halving calm before the storm
1. green short squeeze (unlikely, unless SEC Approves BTC ETF) 2. red long grind down multi year bear 3. yellow down then up shakeout
looks like the top is already 6 weeks behind us. but is the super cycle officially over yet? or is this mid cycle mid-air refueling?
until then its a crap shoot. volume for the reversal is already poured however its still drying up. rocket ship eventually its now the most hated crypto currency on Planet Earth
The Death Cross is happening very soon Tactical capital is piling into the short side, expecting another huge level down from Bitcoin Michael Saylor has his life on the line, and wants to capitalize up to another billion dollars on the buy side, Question? At Market, or is he waiting to buy Bitcoin Sub $30,000 again?
Nobody with capital wants bitcoin anymore. retail jumping in front of a high speed train, thinking theyre grabbing dips. looks like the sub $20,000 calls you saw a few weeks ago had it correct. Risk Tolerance is off the table, now that inflation and tapering are part of the MSM narrative
hopefully its the bears.
INO is extreme risk, with extreme upside or downside
we're in an acculumation channel, no need to cry yet