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RE: Crypto markets are seeing Red

in #crypto7 years ago

I think crypto price movement is nearly based on nearly 100% TA. You have to remember that BTC is being traded by 1) traders with some big money and 2) bots. I don't think these traders give a sht about any news and I know for a fact the bots don't give a sht. But that's what makes this market so easy to read, it's all TA. I don't care what any talking head says, I look at what the charts tell me and go from there. I love BTC, but I'm not going to fight the market.

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Where do the charts tell you prices are going in the near term?

BTC bottoming at $4250-$5000