Bitcoin Daily March 25
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Ideas should allow for flexibility, but the thesis remains that during times of conflict and uncertainty that markets will feel the impacts of sentiment. Misery. I am not supper bullish yet
The war is still on; so my thesis stands and I remain partially staked in stablecoins.
The green line was drawn Jun 22 2021, and has been a common support/resistance indicator over the months.
Seeing BTC pass both the 200 and 100 EMA indicators to hang on the green drawn line signals potential resistance.
Seems to be a range forming an upward trend, however, now would be a good time to take profits in a bear market, during conflict.
