@ct50139768@JefeCaan If we look at the monthly candle I think that a close at the curent level or higher is very unlikely. It would print almost a monthly hammer, which doesn't go along with the global context at all. Another argument to see it fall IMO..
@sometrader78 @MarcoWetering Haha! Good point. You made me laugh. It's maybe because I try to get the best out of me and never stop educating and improving my trading skills that I suppose every trader is doing the same.
@MarcoWetering @sometrader78 Market psychology is complex. Denial is one of its parts. Divergent opinions keep the markets moving. We need that. I dare to say that there are no 'dumb' traders. They are only wrong and time will prove them. Or sometimes manipulative with hiden intentions..
@JefeCaan Hi Jefe! Great analysis as usual. Congrats for the hard work and for making it count for the retail traders. It is said that half of the bitcoin is controlled by 4 miners in China. China is now starting to recover after the coronavirus. Do you relate this pump to that fact?