BITCOIN - 22 Apr

in #bitcoin7 years ago


NVT spiking to 128 from 113 while btc price remains about the same. On 4hr chart, possible to test/fake breakout with upper shadow for ascending triangle or big symmetrical triangle before pullback. Or it might just pullback to test ascending triangle bottom. Again it would be good for it to selloff and test the 200 MA on daily follow by a bounce off to confirm the strength of bull. LTC might be leading the trend, LTC halving in Aug 2019, if it repeat 2015 pattern, the next dip will be a good entry before the next bull run.

News: (Current) | (Upcoming)

Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :128
Total marketcap :178
Dominance :52.6
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :



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I just can't see it going to $10,000 in this year or $1,000,000 by eoy 2020.

Everyone is saying we are going up, but they said that the lasts 20 times too.
Everyone is afraid to be bearish because everyone is bullish and they don't want to delude themselves if bitcoin goes up
what do you think about it?

anything can happen. my super long term view btc can hit ard 56k base on supply and demand.

short term wise i think we have another dip to go

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