I usually look to Sunday Evening to set the tone for the upcoming week. although many are either extremely bearish or bullish, I'm feeling fairly neutral and would guess that BTC will trade sideways, or sideways and up for a bit.
BTC bull rally remains strong in the long-term according to technicals
I don't pretend to predict to "Call" where bitcoin is headed though.
According to what I am reading most are bullish, expecting the price to go up.
Bull Market Remains Strong.
- Bitcoin price has been extremely volatile in the past week.
- MicroStrategy has continued to accumulate even more BTC despite the fall in prices.
- Bitcoin's rally remains strong as the digital asset continues to defend critical support level
Bitcoin price has rebounded from a key support level on the daily chart and aims for a full recovery. The past week has been quite volatile for the flagship cryptocurrency experiencing moves of up to 10% in just 24 hours. A lot has happened so let’s take a look at the most important developments over the past week.
*source https://www.fxstreet.com/
ETH
There is also a lot of news about ETH's approved EIP proposal.
EIP-1559 which will attempt to reduce ETH transaction fees and some predict might even make ETH deflationary. Interesting news.
Most articles on ETH were also bullish, both looking at technical charts and also the news. I bought some more today.
Ethereum bulls fight back control, eyes a break above $1700 and beyond.
- The No. 2 coin confirms falling wedge breakout on the daily chart.
- The ETH bulls need a strong foothold above the bearish 21-DMA.
- ETH/USD has extended the recovery from a drop below $1500 into the third day on Sunday, starting out a new week on the front foot.
The world’s second-largest cryptocurrency tracks the optimism across the crypto markets, especially with Bitcoin back above the critical $50,000 level.
Source: https://www.fxstreet.com/
What are you watching/trading/buying?
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What are you watching/trading/buying...
Does this question just refer to crpyto?
Any response will do... What are you watching?
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I've been observing a midwit in the process of trying to come up with an original idea...it's been three years now...nada...
Most people don't have original thoughts. They just re-wrap the old ones.
...did you just come up with that?
from scratch. lol
oh, that and porn..
lol!
You know she doesn't mean lentils, or even trannies!
I seriously thought we where backtracking to 35k - 40k I see NFTs and high fees pushing Ethereum but not sure what's pushing bitcoin unless it's the entry point for people first.
yes, BTC->ETH still remains the deal I bet.
I'm just hodling and collecting rewards and interest. Good times.
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yeah it is really good times for the world of cryptocurrencies,i foresee alot of wealthy people this year who will make alot of wealth via trading of cryptocurrencies...
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it is already happening,even on the leofinance platform
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@whatsup,
I hate to pay fees, therefore I am out of both big chains :D
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I'd like to see it hold that position above $50k a little more, but it has been interesting to watch it drop down to the 40's and then bounce back up. Based on the price yesterday I was thinking today might push us closer to $60K, but then I saw the pull back this morning. The good news is we are still up a ton from the $3000 we were at a year ago.
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I sold out of all my btc and eth for a while because they were stressing me out. Then took profits and bought back in just in time for this rise.
Yeah I think they will go up for now
Woooo! Glad you got back in!
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BTC might attack 60k this month and ETH the 2k mark latest in July.
I'm watching ADA, and did a pretty good return on CHZ this past week.
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I also am holding ADA and I've never heard of CHZ
It's going up and down. Wondering what's next. But hoping it will go up further.
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Your post is reblogged and upvoted by me. It is a good post. Thank you @whatsup
We may see a strong move of Bitcoin.
That'd be great
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