thomasdmd

thomasdmd

In 2019 oil prices oscillated between $51 to $66/barrel Not surprisingly oil peaked a few weeks ago at $66/barrel, declined a bit and is now in a falling wedge pattern. It's hard to predict if it will go up or down from here, but I think a safer bet will be that it stays within the pre-covid channel

thomasdmd

I don't like being bearish, but I am seeing a slowing down of the hyperbolic growth we have seen in bitcoin It could just be taking a pause like the NASDAQ or could represent investors sentiment changing. If it breaks the upper line at 63,500, growth should continue If not, I think it may stay within the slow declining channel until it reaches a steady point