Bitcoin Price Thread

Very insightful , so it's going to be in a range until it's not in a range , genius , where do I sign up?
Since there are many geniuses on ET, your hand will get tired signing up.:)
 
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btc has more or less settled down into 9400 to 11 000 region.
it will remain in this region until the chart says otherwise.

but on bigger picture, there is a descending triangle formation.


hmmm. That is the 2nd descending triangle formation.

The first one happened about one year ago.

some swing traders might have shorted it at ~ upper descending line (~10400 level).
some day traders might have shorted it after price broke 9400 level.
 
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Bitcoin-996.png
 
Lol bro, you don't understand but it's a magic of technical analysis they love to trade past events :D

Yes. that is analysis based on past data / event. some people call that hindsight analysis.
do you have any problem with that?
 
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