As a BTC holder, I'm starting to think about moving a large part of my BTC to USDT.
2nd wave of COVID-19, gap on CME, SPX and news, that showing around - creating not positive thinking about the near future for BTC and the crypto market in general (personally for me).
What's your thoughts about this situation?
2nd wave of COVID-19, gap on CME, SPX and news, that showing around - creating not positive thinking about the near future for BTC and the crypto market in general (personally for me).
What's your thoughts about this situation?
Short term, it looks like we should expect a thrust above the $11,200 resistance. This symmetrical triangle broke to the upside:
I'm not convinced the market is ready to breach the August highs though. I think there is more ranging and consolidation in the cards. Filling the CME gap in the $9,000s is definitely possible.