:D It's pretty ok with some nice ups and downs. Just wish there weren't so many rumor-based drops though. Don't have time to sit and watch the chart all day.
On the higher time frame, it is still seen as a correction, unless it closes above 35k. But actually good, where we were,reeling at 16k and then rallying to 30k,is quite a relief & might have offered exit liquidity for many stranded traders
Since late March #Bitcoin is struggling to break out from a narrow range of 25.5k - 30k. Isn't it a bit premature to call it a bull market? It could turn into a bull trap any day.
:D It's pretty ok with some nice ups and downs. Just wish there weren't so many rumor-based drops though. Don't have time to sit and watch the chart all day.
On the higher time frame, it is still seen as a correction, unless it closes above 35k. But actually good, where we were,reeling at 16k and then rallying to 30k,is quite a relief & might have offered exit liquidity for many stranded traders
At this point, proper bull market looks more likely next year than now.
True. After the halving.
Since late March #Bitcoin is struggling to break out from a narrow range of 25.5k - 30k. Isn't it a bit premature to call it a bull market? It could turn into a bull trap any day.
Na... can't say it's a bull market yet. Has to break the 30,000 k resistance and make that support, else its a bull trap as someone commented here!!
When will you call it a bull market?
When BTC goes beyond 30,000$ and forms support there...