CME contracts close today, hence the apparent drop in price.
Trend seems fairly apparent factoring in the events/ needed consolidation
Lets look at the larger trend/fundementals
- thousands of companies are implementing blockchain
- EVERYONE wants 8k (never happens when everyone wants it. just like the dip to 1800 earlier in the year when everyone wanted 1200-1500)
- Utility in crypto is growing exponentially...
some sideways movement and consolidation to start a new chapter of crypto is necessary. I am both short and long term super bullish on crypto.
Trend seems fairly apparent factoring in the events/ needed consolidation
Lets look at the larger trend/fundementals
- thousands of companies are implementing blockchain
- EVERYONE wants 8k (never happens when everyone wants it. just like the dip to 1800 earlier in the year when everyone wanted 1200-1500)
- Utility in crypto is growing exponentially...
some sideways movement and consolidation to start a new chapter of crypto is necessary. I am both short and long term super bullish on crypto.
14k next target to clean up some bags.
Ready for another week of bullishness