Is that an inverse H&S on the 30d chart?
looks like it.
technicals look bullish
But fundamentals, not so great
Im privy to some events that might unfold over the next days that will trump fundamentals and surprise many.
trade technicals with caution
courtesy of btc slack
What's wrong with fundamentals.... brah?
Segwit about to get activated. Mempool significantly dropped (obvious fabrication was obvious). Scaling problem about to come to a solution. Fees already going down. Bitcoin is being rapidly accepted all across Japan and Korea. Bitcoin's name and recognition stronger than ever. Adoption worldwide has been increasing significantly with no signs of slowing down. There are still ONLY 21M bitcoin that will ever be mined.
Fundamentals..... I mean, c'mon... wtf do you want?
im saying, there are some events that could happen. events that aren't public knowledge.
and the likelihood of these events aren't factored in the current fundamentals
Ok, so up or down?
