Bulls & Bears - bitcoin - Today August, 04
Source: Pixabay
We have two characters that represent the mass movement of the buyers and sellers of the variable income market.
Buyers represented as the bulls, who with their attack on a butt, plays the market from the header up.
On the other side the bears, which also when it attacks, with their strong arms and legs, throw the market down.
The two characters dispute the force of supply and demand that orders the operation of buying and selling assets, which in the world of crytos are the digital assets.
We're bears instead.
Print: Bitscreener
And the masses move according to each round.
The longer a victory in this attack, the greater the strength of the character, the greater the support for the winning character of the moment.
As always everyone accompanies the winners, no one likes to lose.
We are following the bears that are with the turn, but for now are not winning the first movement of the bulls.
We have possibilities in the next chapters of the bulls to return to show the initial strength and throw the market up, just as we have the possibility of the bears to force and not let the bulls time convince.
What signals us the strength of bulls and bears, the RSI - relative force index, directs the loss of strength of the bears, who are still holding holding the bulls as they can. Or would it be a trap? Like the initial movement of the bulls.
We'll see in the scenes of the next rounds!
If you like upvote please! :)
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