Me thinks Bitcoin is continuing the upward trajectory. Same thing but a different chart. Ie, Barchart and Finviz have different charts for same instrument, top chart showing current price midrange while the lower chart shows current price at the top of the range. Both are daily timeframes. The discrepancy due probably as Barchart does not plot the weekend data, eg a 5 day week only.
There’s 30 points difference between yesterday’s close on the two charts. No weekend to interfere with that. Is one chart futures and the other spot?
Havent read the article yet but I saw a headline saying Microstrategy is up 250% for the year. I bought some stocks earlier in the year and passed on Micro cos I thought it was too 'undiversified' while HODLing BTC.Kicking myself a bit.
Both charts are only a couple of minutes delay, so yes maybe Finviz is futures??? Both start each day at midnight.
Maybe the publicly traded miners (stocks/equities) are following the efficient market theory of earnings forward-looking, when their revenues get cut 50% in April/2024 and the costs remain the same?
I noticed that btc has a resistance every $1k increase in price, but after 1-3 days and it gets broken, the previous level becomes support I like it a lot... anyway, good night y'all
Btc RSI overbought indicator has been reset to oversold due to the recent price downward correction I won't decrease my long btc perps futures position until $34.2k