I have seen that chart many times after a rally. (day trading)
this is a short term Bear sentiment, I have no positions on this but $3400 in a couple days or 2 weeks!!!
with no news. is healthy for bitcoin to consolidate like that.. I truly believe bitcoin is going to $10k someday
all people interest is on bitcoin cash right now. Litecoin (AKA the most boring coin out there) will stay above $42
if you compare LTCBTC chart you will see that litecoin need a reversal vs Bitcoin.
unfortunately Bitcoin is doing better than litecoin...
you can check the LTCBTC chart... so there is a bounce there on the green line.. as soon as it brokes at that line with voulmen we are going up!
Well, dont have opinion right now. just waiting.. Litecoin is driving me crazy.. she likes to sleep too much, we still waiting for that boom!1
mean while the sentiment feels pretty bearish!!