Bitcoin is going to the moon. Or maybe it isnt. We have crossed $23K.
Is this a dead cat bounce?
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Bitcoin is going to the moon. Or maybe it isnt. We have crossed $23K.
Is this a dead cat bounce?
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Nice move BTC!
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Nice link. An easy way to get one in.
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Ethereum (ETH) is also past USD 1,500.
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I havent really watched that one. I simply focus upon BTC knowing that ETH tends to move somewhat in tandom.
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Not exactly unexpected. Some sort of relief rally was inevitable after unprecedented downward trends. Despite sentiment becoming slightly more bullish, I have impression that many still expect major dive towards 12-15 K.
We'll see. Bitcoin never does what is expected of it.
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That is true but market sentiment is often predictable.
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Counting waves is very challenging. If 17,587 is the floor of Intermediate Wave C of Primary Wave 2, we are now in an early stage formation of Intermediate Wave 1 of Primary Wave 3. In EWP, part of the personality of Wave 1 is that many are convinced that the overall trend is down and that is why any rally will be taken as an opportunity to sell.
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Yes it is. EW people are convinced they are right until they have an invalid count. Then it is off to an alternative.
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Yeah, you're right. One chart is open for diverse readings and most of the time one can only see the confirmed trend after the fact.
Let's see if it can close in on $25K before the weekend.
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Or $15K.
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This is just a temporary movement and I believe the price will still go down as expected,
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