People said we broke the december down trendline but everyone is drawing it from the december upper wick down
If you ignore the wick this is what you get:
BTC seems to be reacting to it now and this would mean the down trend hasn't been broken yet.
Thoughts?
If you ignore the wick this is what you get:
BTC seems to be reacting to it now and this would mean the down trend hasn't been broken yet.
Thoughts?
Obviously we are not out of the bear market as the price keeps on fluctuating but I think we are about in the tail end to say that least. But at least there are more buyers now as compare to about a month ago indicating that the bears and bulls are still fighting and out. If we go broke $9700 and inch towards $10K then their's that possibility that the bears has no chance to regain the control of the market, but who knows, its very volatile and anything can happen.