All of the major cryptocurrencies and the smaller altcoins are all rallying at the same time. Bitcoin crossed above a long term fibonacci level with momentum. This looks very bullish but the volume looks like its dying off quicker than a normal rally. I wonder how long this will last. Are we going to see bullish markets until J. Powell hikes rates again? Nobody knows for sure. If you like to trade crypto related equities then there are a few good ones I always go to for some short-t...
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SpyderCall
OP
:
I saw this post the next morning after you posted this. I saw that rejection of the 20,000 price point. It actually rejected around 19,950 but that's basically the same level. I went short on $Coinbase (COIN.US)$and made some bank.
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SpyderCall
OP
:
The volume died off way too quick for this rally to have any strength. Just a one day rallly above a fib level and then back down below it over night
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