{"id":373299,"date":"2019-03-04T08:30:35","date_gmt":"2019-03-04T08:30:35","guid":{"rendered":"https:\/\/uniquehot.com\/?p=373299"},"modified":"2019-03-04T07:12:38","modified_gmt":"2019-03-04T07:12:38","slug":"could-indecisive-crypto-markets-signal-another-big-dump","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/could-indecisive-crypto-markets-signal-another-big-dump\/","title":{"rendered":"Could the Indecisiveness of Bitcoin Lead to Massive Crypto Markets Dump This Week?"},"content":{"rendered":"

Bitcoin has been lulling around the same levels for the best part of three months, forcing crypto markets to maintain stability.<\/p>\n

The odd rally followed by an equal sized dump signals major indecision which when seen before usual indicates that the trend will continue.<\/p>\n

Similar Bitcoin Indecision in 2018<\/h2>\n

Crypto analyst Willy Woo has taken a look back to early 2018 when similar zones of long and short positioning had coincided with longer term trend continuation.<\/p>\n

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The last time the market was more indecisive was at the start of 2018. Zones of minimal Long + Short positioning have historically coincided with bearish price action during bear markets (opposite is true for bull markets). When undecided, "the trend is your friend" prevails. pic.twitter.com\/xwAkXrqKI3<\/a><\/p>\n

— Willy Woo (@woonomic) March 3, 2019<\/a><\/p><\/blockquote>\n