Good weekend everyone. Before Santa week, they are trying something in a low-volume environment, wondering if cryptocurrencies will fall into a void. The 100-week moving average that we have been relying on for years in Bitcoin is being tested again and again. If it makes a jump from here and moves away from the dangerous zone, we might see a market that pushes back into the six-figure range for the new year. I don't want to talk about the opposite. If traditional markets are going to move after the 24th, cryptocurrencies might move earlier, and if the market closes well, volume could pick up on Monday and Tuesday.
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Good weekend everyone. Before Santa week, they are trying something in a low-volume environment, wondering if cryptocurrencies will fall into a void. The 100-week moving average that we have been relying on for years in Bitcoin is being tested again and again. If it makes a jump from here and moves away from the dangerous zone, we might see a market that pushes back into the six-figure range for the new year. I don't want to talk about the opposite. If traditional markets are going to move after the 24th, cryptocurrencies might move earlier, and if the market closes well, volume could pick up on Monday and Tuesday.