ocdirtyhead

ocdirtyhead

Obviously Bulls have not capitulated yet.. appears to be one last stand at this purplish trend line that began at the November hi.. below this line there is not much logical support??? BTC will be below all MA's and any trend lines that I could see.. Hold and drip down this trend line slowly... or capitulate, regroup and live to bull again?

ocdirtyhead

The chart really speaks for itself.. the direction of the NASDAQ since about July of 2021 has determined the direction of BTC.. IOW both have been reacting to economic, pandemic, etc news in a similar fashion. Possibly, BTC has broken away from it's prior days of moving on it's own accord (based on halving, etc)... and now with more mainstream adoption is...