Bitcoin – ’Rickshaw Man’ Warns of a Big Reversal
Bitcoin has been one insane ride, and while it hasn’t been wise to pick a top there is evidence that one may have just formed (at least for now).
Bitcoin has been one insane ride, and while it hasn’t been wise to pick a top there is evidence that one may have just formed (at least for now).
The footsie rallied strongly on Tuesday, then got hit yesterday; volatile price action and general technical structure have the index postured precariously.
The combination of current sentiment and recent changes gives us a stronger Bitcoin-bearish contrarian trading bias.
The combination of current sentiment and recent changes gives us a stronger GBPUSD-bullish contrarian trading bias.