SamSuka
The Long Investor
The Long Investor

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$COIN

So far the bulls have really stepped in here and we showed yesterday that $RIOT and $MARA were at a critical point, and it has been positive since, on the back of Bitcoin showing remarkable strength....I suspect the earnings from the banks on Friday has a lot to do with this, people are moving their money into Crypto anticipating that earnings will not be good and guidance will be even worse.

$COIN

Comments

That’s the big dilemma here, I think if Bitcoin pulls back, it may pull this back into the bear case….Bitcoin doesn’t look like it has a lot more to go before it needs a pull back….if bitcoin keeps going without a pull back then I do not believe it is an impulse wave then. Bank earnings could be a major catalyst here and just push these higher…but something will have to give

Gareth Neary

... too fast... or will this all be obsolete with probably disappointing bank earnings?

Bjoern Szymkowiak

Hi Gareth, what's your take on this one? We clearly see the move in line with $BTC. With your latest $BTC chart we expect a pull back soon. Does this implies a pull back for $coin as well from your point of view?

Bjoern Szymkowiak


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