Volatility for bitcoin cash has exploded over the past two weeks relative to the past 30 days, which technical traders will want to note.
Out of the 5 instruments in the top cryptos asset class, litecoin ended up ranking 2nd for the day in terms of day-over-day price change.
Out of the 5 instruments in the top cryptos asset class, bitcoin ended up ranking 3rd for the day in terms of day-over-day price change.
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time.
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Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up.
And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.
After 10 years of watching the #bitcoin bubble inflate, at $10,000 per coin he thinks now’s the time to urge his listeners to buy.
The price move occurred on stronger volume; specifically, yesterday’s volume was up 5.48% from the day prior, and up 145.81% from the same day the week before.
This is why, we cannot ever trust a centralized media platform.