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Bitcoin At The Crossroads

Bitcoin at the crossroads

Bitcoin At The Crossroads

Bitcoin at the crossroads

I love bitcoin! Not for the gains or losses but for the endless curveballs this market throws us every single day. bitcoin has turned from a get rich quick scheme into the master of illusions. A mix between a carnival barker and that ex girlfriend you dont want to run into. This thing keeps the best traders second guessing themselves as i think the consensus is now solidly…. “i dont know!”. Talk about conflicting signals! Half of the crypto sector is breaking out, many still suck, while BTC has consistently gone nowhere and is currently stuck against a wall of resistance. The current move looks bullishAF but so has all the other moves just before BTC decided to screw you, typically known as “bear flags”. The head and shoulders pattern, the ascending triangle , repeated stabs at resistance all look great to me and is why i am leaning to the bullish side now… slightly. But be aware, there is still a chance , as in the past when just as things are starting to go so great, that disgruntled ex-girlfriend shows up and ruins the party.

Published at Sat, 30 Mar 2019 00:14:16 +0000

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