As the exhaustion sets in, the needy and weak sell the last of their holdings. The bulls eagerly start to gather for a stampede that will direct this declining market to a new emphasis, riding the wave of mass adoption and acceptance.
Daily indicators are still on the sell side but by tomorrow they will hopefully start moving to the other sides.
4 hour indicators are ready to start maxing out with strong buys!
The trend line and the 200 MA begin to converge and the market comes to a stall on the previous candles high while not falling below the previous low.
Only a few more shakes of the bitcoin tree is all that's needed now that the market has finished shedding the "weak hands".
The only reasonable explanation at this point, for a further decent, would be sabotage or further organised manipulation in the form of government and centralised media FUD.
Daily indicators are still on the sell side but by tomorrow they will hopefully start moving to the other sides.
4 hour indicators are ready to start maxing out with strong buys!
The trend line and the 200 MA begin to converge and the market comes to a stall on the previous candles high while not falling below the previous low.
Only a few more shakes of the bitcoin tree is all that's needed now that the market has finished shedding the "weak hands".
The only reasonable explanation at this point, for a further decent, would be sabotage or further organised manipulation in the form of government and centralised media FUD.