The Tug of War - Bitcoin, the sleeping giant
Bears Vs Bulls
It's the ultimate battle.
Img Src: Tradingview.com
Bitcoin's chart has flatlined. Volatility has reached its lowest point and the war between the bears and the bulls have made the armies from both sides wait. There is however, no reference to what sort of movement the chart presents since there is no volatility. It's like flying blind. I have pasted the link on an article that has the coverage on Bitcoin's volatility.
https://www.theblockcrypto.com/linked/72033/bitcoins-volatility-reached-a-15-month-low-this-week?utm_source=tradingview&utm_medium=rss
Img src: Tradingview.com
On the bright side, Bitcoin is currently lurking in the oversold regions using the MACD. It is a matter of time before the hibernating giant wakes up and roars so much as so that the whole floor breaks.
Altcoins such as Texoz (XTZ) and Chainlink(LINK) has skyrocketed. No ceiling's gonna be stopping them.
Bottomed at 2.40, it has managed to crawl its way upwards, sprinted to 3.138 and with a higher support level.
"Hey, what's up, bro? Should be ascend?",
Ethereum
Nothing said from Bitcoin
"Oh well, Prepare for ETH 2.0"
said Ethereum
Bitcoin Maximalist would definitely not agree with this conversation. Not at all.
Imagine for a moment that,
Bitcoin maximalist talks to Ethereum maximalist
It's like Liverpool and Manchester United
NBA = Raptor's VS Warriors
As eager as I wait for Ethereum's rally, I hope that its going to happen at least in October to give me two months to buy more Ethereum for a discount. I have not hold on to any Bitcoin's because buying a whole Bitcoin as a Malaysian cost the price of a car. The next best thing would be Ethereum.
@luueetang
Have a great day. Do follow me if you like what I've written.
This is just my own opinion
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