the long term trend is up until we have a point of inflection on the weekly/monthly charts, could be some time. Even shorter term trend with all of the voaltility is up - higher highs, higher lows.
RE: BTCUSD - TECHNICAL ANALYSIS November 20, 2017 - Current Price $ 8214
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BTCUSD - TECHNICAL ANALYSIS November 20, 2017 - Current Price $ 8214
But why are there so many times fall-down? I mean heavy decrease...
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Are they based on only fundamental news or there is something in the air?
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No basis at all, its just price action, when ever we reach areas of supply and demand.
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maybe there is any speculative thinking behind this, isnt??
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Nothing goes straight up. The basis of technical analysis is analyzing statistics powering the price action and trying to make predictions based on probabilities.
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