- At its purest form, BTC is a pure technical play with no fundamental whatsoever
- So reading this kind of chart is also very interesting
- From the peak at year end 2018, BTC hit USD20,000 per coin before going down to USD3800/coin early 2019
- The recent high at USD13K/ coin got back many ‘experts’ talking before it fizzles out to the price now
- So what next?
- I expect this to go sideway for the next 3-6 months
- Let’s revisit this in due time
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