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CryptoSlate 2019-07-11 19:40:57

Bitcoin long-term trend still looks bullish, short-term not so much

Bitcoin’s exponential growth lead 40-year trading veteran Peter Brandt to (famously) believe BTC entered a new “parabolic phase.” From its December low of $3,150 BTC could aim for a new high of $100,000, Brandt suggested. However, in the short-term, the technicals do not look so rosey. https://twitter.com/PeterLBrandt/status/1142271065936187392 The “parabolic advance” has been so significant that […]The post Bitcoin long-term trend still looks bullish, short-term not so much appeared first on CryptoSlate.

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