As the market is a bit extended we might see some pullback.
Both MACD and RSI are showing a Bear divergence on Daily Time Frame.
But on a bigger Time Frame (W) there are many similarities with the 2014-2015 Bear market showing a potential reversal of the trend.
despite the fact said the chart looks the same with the old one and can we forget the FA of bitcoin? Both MACD and RSI are showing a Bear divergence on Daily Time Frame.
But on a bigger Time Frame (W) there are many similarities with the 2014-2015 Bear market showing a potential reversal of the trend.
I personally see the latest chart of bitcoin looks the same with the chart of bitcoin at june - july 2017. The reversal has already started but the question is about when there will be big news that can create a FOMO like what has already done by the news of ETF rumour.
Okay, i remember block reward will give a lot of impact fur sure. Currently, the block reward of bitcoin gives 12.5 btc but it will decrease a half started from the next year. Big bull confirmed to happen a few years starting from now.