Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Bitcoin has been fluctuating near 8k for a past few days. It was similar last year around November when the price was fluctuating from 6k to 9k and then it boosted up to 19 k in the next month.
This is the chart of a few days-
This is the complete year's chart-
This is the chart of a few days-
This is the complete year's chart-
Yeah... but we still need context...
The context of today if quite different from the context of November 2017...
And, I recall August to 2017 to January 2018... had a real lot of action.. of course, Mid-August to Mid-December was mostly the UPs out pacing the DOWNS...
Sure, we could reverse (and head up), here, but even a reversal here is a different kind of dynamic, as compared with what was going on in November 2017..