Trick or Treat
If you look closely at the latest “spooky” Bitcoin’s dip, you will find many bullish elements as well. As anticipated, the market was looking for a retest of the first support area
If you look closely at the latest “spooky” Bitcoin’s dip, you will find many bullish elements as well. As anticipated, the market was looking for a retest of the first support area
Gaps are not common in the crypto market. But, as Bitcoin gain mainstream adoption, these elements can play a relevant role in how its price moves.
Assigning a “label” to event helps everyone categorize things. It has been weeks now that traders struggle to answer the question, are we in a bear market?
Altcoins have rebounded strongly since last week’s lows, with Bitcoin looking much weaker and uncertain about which direction to take.
While the price target for the current market cycle is still uncertain, it may be easier to foresee what will be the price floor of the next bear market.