@CointelegraphMT BTC rejected at EMA34 on the daily and EMA8 on the weekly. Volume increasing. There is demand for BTC under 24k. That's what it means. Nothing more, nothing less.
There are certain ABSOLUTES in trading. One is this:
If you do NOT have a predetermined trading plan, are emotionally subject to FOMO and chase markets you were just stopped out of...
You are guaranteed to go broke - only question is when and how many times
@kyledoops Bitcoin has never operated in a world with rising interest rates, impending global recession and stagflation. As such, a lot of our historical data is flawed and any predictions made based on that data is also inherently flawed.
@rovercrc The question is basically: which has the best chance to 1000x?
Probably none since their market caps are already too high. But gun to my head?
1. HBAR, b/c it has enterprise support.
2. SAND, b/c it may turn out to be Minecraft 2.0.
3. LINK, b/c DeFi won't work without it.
@BigCheds Hey Cheds - first off: great content! Thank you for all the work you're doing.
Question: can this be considered a Tristar-pattern 2% off the major 40K support following a sustained downtrend?
Thanks so much in advance!