Bitcoin and Crypto NEWS Today
Posted: May 13th, 2018, 2:19 am
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Bitcoin Diamond (BCD) likes to generate price wicks and this is likely due to low liquidity. So anyone wanting to jump into this with $20 Mil to buy....bad idea! The chart shows that price impulsed in five waves up and wicked pretty high. Even then, the ABC corrective waves are still in progress and could be complete. The next chart shows why.
Bitcoin Diamond (BCD) likes to generate price wicks and this is likely due to low liquidity. So anyone wanting to jump into this with $20 Mil to buy....bad idea! The chart shows that price impulsed in five waves up and wicked pretty high. Even then, the ABC corrective waves are still in progress and could be complete. The next chart shows why.