zaqoy

zaqoy

I'm not a bear - I believe in Bitcoin. Just take a step back and look past the euphoria. Be careful. Maybe a drop, maybe sideways action, maybe not.

zaqoy

This is a possible outcome of the most recent price action and my theory of how it will play out if the M pattern displayed is not invalidated within the next 24 hours. A 40-50% retracement is normal for bitcoin - the 20K level and the 21 weekly EMA need to be back-tested as support and CME gaps need to be closed. Prior to the recent pullback, both the funding...