This smells like sub 20k the next 10 months. Every body big that wanted to ride the wave in the run up already got in. The risk reward ratio for the next cycle is very bad right now. 3 to 1 is not really good for crypto speculation. If it becomes at least 10 to 1 it might get interesting for the next cycle. That means that BTC needs to fall to 15- 20k to become interesting again.
BTCUSD: Preparing Positional Long Entry Bitcoin / U.S. dollar BITSTAMP:BTCUSD Zoen_Trieste Since our last post, the BTCUSD market went through a corrective phase that brought the price to the mid20k level, the lowest price since […]
🔥 Bitcoin 100 & 200-week Moving Average: Capitulation Expected Bitcoin all time history index INDEX:BTCUSD FieryTrading In today’s BTC analysis I want to take a look at the relationship between the price of Bitcoin and […]
Watching ETH very close here. At important level ETH/USD COINBASE:ETHUSD o2degreez eth looks like it has magnet to fib at 3193.77 watching reaction. looks like a good short opportunity incoming. tight stops as always with […]