Bitcoin price is back above $55,000 in a lighting fast recovery from below the key level of $50,000.
If you’re questioning the validity of the cloud, also called the Kumo, then check out the zoomed in shot in the chart below.
The Tenkan-sen and Kijun-sen – also called the conversion line and base line – have crossed bearish.
While a firm believer in the laws governing math and science, I am profoundly fascinated by the impact of astrology and astronomy including moon and solar cycles and planetary alignment and their ability to influence and potentially predict markets.
NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.