I think BTC is rolling over. The rest of ALT CCs are to follow.
With the introduction of BTC futures, the Institutional Money got the tools to take BTC wherever it wants to and the common perception that CCs have the only way to the upside from now on may well change.
Please bear in mind that the Wall Street makes as much on the way down as on the way up.
https://www.mql5.com/en/charts/8042509/btcusd-h4-simplefx-ltd
Thanks you Srezz for your update, i am a big "fan" of your analysis.
You believe it's not going any further than $14.851?
or it's only the beginning of the correction?
I believe you just write in another post that its going to be very close to 10K.
Thanks you again from South America.
Best Regards
I think it's just the beginning.
Awesome TA, as always Srezz! Not so much of a TA question, but what are your thoughts on Andreas Antonopoulous view of the CME? Sounds like you don't share his optimism :D
Awesome TA as always Srezz! Thank you! Sounds like you don't share Antonopolous' rosey view of the CME's influence?
Thank you for the video. Antonopolous' rosy view is not so rosy. I think he's been realistic in his view and I agree with most of what he says.
Yes, a lot of new volumes but with great counterbalancing forces and 7% stop trade triggers which combined kills BTC volatility and that's exactly what we have before our eyes right now once BTC futures have been up and running.
Great to hear that you think he is not too far off the mark. Thanks again :) I’d be totally fascinated to hear the parts you don’t agree with. Not directly related to TA, I guess, but just as interesting, haha!