I have been visiting many TA rooms currently, I follow 20+ members. To be honnest, most of them are getting it wrong.
Many spotted the crossing of 100 MA and 50 MA, which means a huge SELL signal, actually.
Well manipulators would act on that, regardless, but then too many people I follow stated that we would have this big bull play.
We did not and instead BTC fell to the lower support area that was 100 more than the bottom we hit in April.
Then we bounced back, because THAT IS WHAT HAPPENS when you hit a support area that is hiding a lot of buyers.
We rose, but it was just a blip on the yearly chart (if you look at yearly, which most do NOT do)
And now we are poised to continue the drop to the bottom.
Where is bottom?
