On this news (source reddit, NY times)
G20 news:
Rackham: “The Financial Stability Board (FSB), which coordinates financial regulation for the Group of 20 Economies, also resisted calls from some G20 members to regulate cryptocurrencies like bitcoin.”
www.nytimes.com/reut...ulations-carney.html
We pierced the upside of the falling wedge.
This is clearly bullish.
+ Divergence on the MACD
+ a 20% down followed by a 20% retrace in one day.
This may be the bottom of the correction.
To be continued.
G20 news:
Rackham: “The Financial Stability Board (FSB), which coordinates financial regulation for the Group of 20 Economies, also resisted calls from some G20 members to regulate cryptocurrencies like bitcoin.”
www.nytimes.com/reut...ulations-carney.html
We pierced the upside of the falling wedge.
This is clearly bullish.
+ Divergence on the MACD
+ a 20% down followed by a 20% retrace in one day.
This may be the bottom of the correction.
To be continued.