is BTC losing ground long term, or just indicating another bearish move lower for crypto in general.
It as well could be. However before we make any predictions we should be really cautious. I have seen so many times this kind of sentiment. In this market it’s really hard to predict. My feeling is sideways for time being. I was expecting bitcoin to break 10K, but now seing 200MA it all make sense. We need some kind of great news for bitcoin to break both. Just because bitcoin is weak, doesn’t mean it stays weak. RSI is in my opinion still to the upside. If you look at RSI history right before last year’s in November and compare it with today’s you can clearly see it still has way to go.
Good perspective and advice, as always.
Consensus 2018 might be the big thing. 4000+ guests and a lot of key figures will speak, so this might mark the end of the bear market and eventually the beginning of a new bull market.
Sir really great update your crypto all update best . I am your big fan ..thanks for share