We are topping out now on the monthly at the same ~ 8500 level as was seen back at the previous rally from summer lows in 2018 and after bitcoin stubbornly rallying again from 8000 to 9000, forming a rising wedge and dropping 1000$ in a day and then still holding with multi month long bearish divergence on rsi mfi and now the macd, and still in a rising wedge. The last rsi support about to cave in the question is simply: how long will bitcoin delay the inevitable correction? Do we have to wait till Christmas for this hyperbolic move to correct? What was this move really about? Does anyone think this is really an organic move?
We are appoaching the 38.2 fib retracement on the entire bitcoin wave at around 9500. Is bitcoin so pompous now to suppose it can break above it? All the way from a 3400 low for this wave?
Alt coins are still pretty cheap, everyone expects a large correction, but bitcoin lives to proove everyone wrong.
Lets see what miracles bitcoin can conjure up here. Delay it again bitcoin, but dooms day is still coming.
We are appoaching the 38.2 fib retracement on the entire bitcoin wave at around 9500. Is bitcoin so pompous now to suppose it can break above it? All the way from a 3400 low for this wave?
Alt coins are still pretty cheap, everyone expects a large correction, but bitcoin lives to proove everyone wrong.
Lets see what miracles bitcoin can conjure up here. Delay it again bitcoin, but dooms day is still coming.