9.24.2020 Update (Thu)
$10,235
-2.81%
BTC
$320.6
-6.86%
ETH
$0.2215
-4.98%
XRP
$42.92
-3.57%
LTC
$208
-5.68%
BCH
Long-term Outlook
The big picture on the daily time frames
BTC
Bullish
BTC remains in a bullish trend, and SOPR gave out another “decr. in supply” alert. These are great R:R zones for longs. The key to watch out for is the SOPR trend. At this point, if BTC drops below 10k, the trend will likely switch to bearish, which will completely alter the current strategies. Before then, enjoy the dips in bull runs! We are in the golden zone for accumulation.