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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (172209)5/23/2021 1:35:08 PM
From: sense  Read Replies (1) | Respond to of 218775
 
Prior to / coincident with the recent shifts in fundamentals... I was hearing rumblings from traders about bitcoin having Wyckoff distribution issues... some suggesting there may be a technical low next around the 22K level.

Not seeing many articles on that subject... but a quick search... one here that at least mentions it...

Of course, I'm still not willing to surrender reason or free will to technical analysis or herd instinct in bitcoin more than in anything else. When the foundation shifts and changes significantly... you need a structural engineer... not a market technician... to help you consider the future focused risks of the utility in occupying the shelter.

Huobi Scales Back Due to China Crackdown; Market Falls With Ether Dropping Below $2K
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Hong Kong Announces Proposal to Ban Retail Crypto Trading
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China to crack down on mining of cryptocurrencies, delivering a one-two punch to digital tokens after triggering global sell-off