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.
#BTC UPDATE 29/01/18
7 years ago by rihaan (60)
$5.02
- Past Payouts $5.02
- - Author $3.96
- - Curators $1.06
Long term btc is only going up, Same with steem :) hodl
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#1 coin for near future is btc but you have cat eye on ripple because it has more potational....
Must think about it dear @rihaan
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