“Teal line from the break of March highs has acted as resistance in the middle of April. RSI recently (in the end of April) successfully broke through the line and had a nice run to the upside. Now, in the middle of May it is coming back to test the same line, will it act as a support or will it fall right through it?”
“My suspicion is that all the daily issuance is being snatched up by retail Bitcoin users, so I’d expect that if my hypothesis is true, barring any future big blocker political footballs, we’d see a fairly steady progression in the price, as the market realizes that Bitcoin isn’t actually in a bubble.”
Source: https://themerkle.com/bitcoin-price-remains-uncertain-sec-decision/
Not indicating that the content you copy/paste is not your original work could be seen as plagiarism.
Some tips to share content and add value:
Repeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the cheetah bot.
Creative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post.
If you are actually the original author, please do reply to let us know!
Thank You!