Despite yet another strong nightly session for almost every asset on the planet, here’s the weird man in the world of Cryptocurrencies. Just take a look at:
Of course, all year round it has taken people on a crazy ride; first it went to about $ 65,000 just to more than lose half its value, and then began another surge, peaking at nearly $ 70,000 before falling to pieces again. I strongly suspect that falling is far from over.
BTC price chart
But here’s the thing about crypto, and that’s why I basically pulled the plug on my own in late October, even though I made good money doing it for the trading year: it seemed every time a setup would do it Completely, it would immediately start to fall apart.
Indeed, on mine yummy trade Show yesterday, I explicitly said that in spite of everything to be a great looking chart both of which I put here Tilt as well as at my delicious fair the week before, I thought it would arrive very soon. Well, “very soon” has arrived, and just like all of the other beautiful looking crypto charts, it’s turning away from what should be a super-breakout and starting to wither.
Polygon (MATIC) Price chart
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Source: Crypto News Deutsch