Omicron, Evergrande, Fed tapering and other FUD occasionally conspire to cause chaos in financial markets including crypto. Unfortunately, while maturing as an asset, bitcoin remains far from being the “flight to safety” bitcoin maxis want it to be. But while recent events and the latest plunge to $42K appear on the surface to be random, the chart tells a very...
LSKBTC is one of those coins that has steadily declined by almost 99% of it's value since its heady high of 21,300 Satoshis in January 2018 to its current level of around 400 sats today. Rewind 12 months and the coin launched 240% over the course of 13 days following its exit from a bullish descending wedge 19 days prior. That scenario is now repeating itself...
Ambrosus has confirmed it's bottom is in by printing a nice peachy rounded bottom reversal pattern and looks set to return to it's historic price volatility. Having declined from it's ATH of 12,000 satoshis during the Dec 2017/ Jan 2018 crypto bullrun, AMB next rocketed from 3000 sats to 9500 sats in March 2018, from 1500 sats to 3511 sats in Oct 2018, from 148...