Most people look at charts from a micro perspective simply because they are going for a short term / day trade. Interestingly enough, if you look at the market from a more macro (long term) perspective - charting using 1 week candles, you will see that there is currently a bullish reversal doji candle. What this usually resembles is a form of reversal and since this is plotted on a 1 week candles, i believe that next week would be potentially a good week for $BTC and the market as a whole (because $BTC takes up around 35%) of the market and usually its a good representative of the market. Hopefully $BTC will hit $13,000 next week. Although i still wonder how the futures expiring on the 26th will affect the market. #HODLLIFE
Another News:
Still bullish on $SYS for these few weeks leading up to the 2 events
Syscoin ($SYS) having mainnet release for Blockmarket Web 1.0 & Desktop 1.x with Masternodes v1.0 by end of feb and not only that, There will be a hard fork for the masternode release closer to the end of February/March as well.
Price now: 6200 sats
Recommended stoploss: 5500 sats
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I hope so too!
thanks buddy
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