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CRYPTO MECHANIC
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CRYPTO MECHANIC
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Do you think Bitcoin bottom is in? Asking for a friend.
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Bitcoin chart is pretty clean Below Red - Bears are strong Above Red- Bulls will be back Plan Accordingly
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Bitcoin Structure is Still Bullish
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Weekly fake-out on Ethereum. Personally, I wanted to see the price hold $4K and continue pushing higher, but the market doesn’t have to do what you want. Overall, the weekly chart looks fine, but I want to see the price reclaim $4K on the weekly timeframe before feeling more confident as a bull. I know $4K is around 10% higher than the current price, but this is a high timeframe chart it gives you the bigger picture.
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ETHBTC chart isn't really bad. Bounced from the weekly demand, Should be creating a higher low here imo.
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