...Its all so quiet...(part 2)
There is not a lot of news...
The last couple of days BTC is in a consolidation fase. BTC is doing pretty well after "Black Thursday", 2 weeks ago. Its finding strength on the 20ema, 50ema and the 200ma. There is a major support on $6660 and on $6400. But which side BTC is going depends on it is capable off breaking above the $6770-$6970 resistance or that it falls back to the second support on $6400.
Within 3 days BTC decides which way it goes. If we look at history of price movement BTC (2014-2020), March and August are the worst performing and April, May and June are the second best. February is historical the best performing month.
Time will tell. Let me know what you think..Good luck!
The last couple of days BTC is in a consolidation fase. BTC is doing pretty well after "Black Thursday", 2 weeks ago. Its finding strength on the 20ema, 50ema and the 200ma. There is a major support on $6660 and on $6400. But which side BTC is going depends on it is capable off breaking above the $6770-$6970 resistance or that it falls back to the second support on $6400.
Within 3 days BTC decides which way it goes. If we look at history of price movement BTC (2014-2020), March and August are the worst performing and April, May and June are the second best. February is historical the best performing month.
Time will tell. Let me know what you think..Good luck!
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