All about Bitcoin’s bullish market shift and a ‘dangerous’ divergence
Rallies driven by a lack of sellers instead of the presence of sustained, aggressive buyers are structurally weaker.
Rallies driven by a lack of sellers instead of the presence of sustained, aggressive buyers are structurally weaker.
LUNC has shown upward momentum since the early February market crash.
The price action was at a decisive point- the next swing move's direction would be determined in the $0.117-$0.127 region.
ZCash was inching its way toward $400. The cluster of short liquidations overhead could help drag prices higher.
The rejection from the $4.7 highs and subsequent losses meant bullish conviction has been somewhat quelled in the short-term.
A foreign statesman tweeting trading advice to handle Trump's announcements was not on anybody's watchlist.
The supply retest by the Realized Cap Impulse indicator was a warning sign to BTC bulls.
What happened after the second retest of $40 within a week?
High speculative interest could introduce increased volatility and liquidity hunts in the short-term.
The current PI rally measured over 6% in the past 24 hours and can extend another 3.5% to 8.5% higher.
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© 2017 JNews - Crafted with love by Jegtheme.
© 2018 JNews by Jegtheme.