Maybe that was the catalyst to spark the bulls. Fundamentals had already shifted months before.
Lets look ...
Chart 1 - The lower US dollar and higher Chinese 10 yr have signaled for a while that bitcoin had room to move higher.
Chart 2 - Standard Wyckoff Accumulation story continues to build. A move to upper resistance would be health and shows the accumulation is still the head line story.
Chart 3 - Bitcoin weaves it ways through support and resistance channels, like clock work.
Original Post: https://ift.tt/HRC7IPk
No comments:
Post a Comment