Bitcoin News review of the last 24 hours... the Bitcoin price above the $ 715 again as well as the daily traded volume pushing past 9 million which is
a very bullish sign.
Regulation of Bitcoin companies in some countries has started and this is
a very bullish sign for Bitcoin adoption and investment.
When that happens, it's
a very bullish sign.
When the strongest stocks in the market (typically small to mid-cap growth stocks) are convincingly breaking out to new highs ahead of the broad - based indexes, it is
a very bullish sign and the main stock market indexes usually follow suit.
Overall, the market is showing
very bullish signs and if it were to emulate the behavior of the last Bitcoin hard fork on August 1,2017, which resulted in the creation of Bitcoin Cash, we could expect to see this week's trends continue well into mid November which would mean new all time high prices for Bitcoin and market cap in general.
Not exact matches
Lowry's Research remains
very bullish seeing «across - the - board
signs of strength in measures of breadth, Supply and Demand.»
Although all
signs point to prevailing small and mid-cap strength throughout 2017, please keep in mind that
bullish chart patterns have a
very low chance of success in bearish markets.
An even further
very positive
sign is the
Bullish Hammer candle that was formed on yesterday's daily chart of the Dow Jones.
Very high momentum = a
bullish sign.
Dear Justin, Kudos for your
very informative article, A question about the settlement period, Lets say a
bullish pinbar has been formed on the daily chart at a Key Level and the last four (4 - hour) session or Candle indicates some
signs of bearishness..
At the same time RSI is forming a
bullish divergence, that might be the first
sign of a trend reversal, or at the
very least a correctional move up.