The Capital
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The Capital

Why a Bitcoin crash might be good news

By Lukas Wiesflecker on The Capital

Bitcoin risks a collision in the upcoming sessions, but for a crypto analyst, it is still good news. Well-known daytrader Josh Rager said in his Thursday tweet that he sees the BTCUSD trend within a contracting channel.

Photo by Chris Liverani on Unsplash

He illustrated this with a chart (see below) that shows two converging trend lines connecting…

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TheLuWizz

TheLuWizz

Talk about crypto stuff, personal development, entrepreneurship, travel experiences, and things that inspire me! No financial advice!