My comment is related to bitcoin price though..Some traders saw a death cross yesterday and believe that due to this, the expected direction is down - probably a new lower low. Have you seen a death cross and if so, do you think there is a good reason to believe they might be right? Thanks!Hi, @thedolphin, thank you for your analysis. It is too bad some people post so much spam on your blog.
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Hi @humblestudent yes you are right, there is a death cross of 20 and 200 moving averages, the candles don't look overly positive either.
I still think we go up from here, based on the 1 hour chart. Spot on the E wave.
Thank you! Well, we'll just wait and see how the price goes. Interesting idea with your contest to guess the price!