BTC/USD Back up and look at the larger trend...

CME contracts close today, hence the apparent drop in price.

Trend seems fairly apparent factoring in the events/ needed consolidation

Lets look at the larger trend/fundementals
- thousands of companies are implementing blockchain
- EVERYONE wants 8k (never happens when everyone wants it. just like the dip to 1800 earlier in the year when everyone wanted 1200-1500)
- Utility in crypto is growing exponentially...

some sideways movement and consolidation to start a new chapter of crypto is necessary. I am both short and long term super bullish on crypto.

Yorum:

CME closes in just a few hours, trend is holding nicely as presented in the chart.

14k next target to clean up some bags.

Ready for another week of bullishness