@ZeroHedge_@Tradingalpha_ Looks like they all had already some big moves and are/ or approaching significant resistance while gold approaching significant resistance
I personally want to see if gold can resume its bull market to give me more confidence
@CryptoMichNL@Vaybor Who said he’s done selling though ?
The sell itself it’s insignificant to the size he’s got so this is either the start of a larger sale or part of a plan to scare the markets to buy lower
@jasonpizzino I think it’s just a money grab to help pay rising and out of control debt and increased government spending
They just want more money and for that need to tap new areas to raise it
@TechCharts Still invalidation will be a close under 65 so not too far away unless we see a huge spike
In this case I would wait
Holding that level will lead to higher prices
@IncomeSharks Probably healthier if we can form some sort of a base on HTF hopefully somewhere here
It will have a better chance for a more sustained rally
@CryptoMichNL Even if they were to go up probably significant range/ reacumulation needs to develop first in altcoins
Hard for me to believe we just gonna vshape from here