BTCUSD - I just can't see how this Bubble will not burst
BTCUSD - I just can't see how this Bubble will not burst.
Alot of technical sellers seem to have sold of and are not inclined to buy into an overbought bullrun
Tell me what u think guys. I do not see the same volume increase as we did in 2013 for example.. Gold has been on a divergence against BTC aswell since 2016 high --> Perhaps investors will be going there instead as this bull run already is overbought to the max with a divergence on top of that.
I am waiting for a correction not a crash to 1800 levels or possibly lower then for more up depending on what happens with the us dollar/gold after july debt ceiling is hit
Alot of technical sellers seem to have sold of and are not inclined to buy into an overbought bullrun
Tell me what u think guys. I do not see the same volume increase as we did in 2013 for example.. Gold has been on a divergence against BTC aswell since 2016 high --> Perhaps investors will be going there instead as this bull run already is overbought to the max with a divergence on top of that.
I am waiting for a correction not a crash to 1800 levels or possibly lower then for more up depending on what happens with the us dollar/gold after july debt ceiling is hit