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RE: Technical Analysis on Bitcoin: Are the Bulls Back?
Good work as always, but really long. Remember that the average millennial has an attention span marginally shorter than that of the average goldfish!
For the record: I don't think it's a bull trap, I think it's this: https://steemit.com/cryptocurrency/@bitbrain/bursting-at-the-seams and I think we have seen the bottom too https://steemit.com/cryptocurrency/@bitbrain/the-insanity-of-bearish-expectations, though you never know what may scare these crazy bears next!
Haha...noted. My future videos will be much shorter.
There’s no question the market can’t continue this way much longer. I’ve been saying that for weeks. I just question as to whether or not we’ve seen the bottom, or if 1 more lower low is coming. If you’ve followed my posts, my primary count has the completion of a fifth wave around $5K before we see a true bull run. If we continue up from here without closure (a true bottoming out) I fear it'll just end up as another guppy rally where it climbs to $8-9K, then crashes to the complete the larger bear trend. I could be wrong of course...and hope I am. Time will tell.
Nice article by the way. I think you're right about the mind set many have.
I prefer the long format as it helps me learn and understand you’re thought process....but that’s just me.