Bold Predictions Volume V - "Trappy" Looking Caution Flags Showing in the Distance

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brianq
May 19, 2020

SANBASE SIGNALS

May 19, 2020


Last week, we discussed how. Our fifth edition of Bold Predictions highlights another solid week for the bulls, in spite of a bit of choppiness toward the end of the week. Bitcoin made two solid attempts to break $10,000 again before ultimately coming up just short. Ethereum rebounded back above $210 after a bear trap caused many to sell off in the high $180's at the beginning of the week. And of course with the halving out of the way, many eyes are back on altcoins, as many mini-breakouts have taken place (OMG, ICX, GNO, ZEC, REN) as traders try to jump in on the right lottery tickets similar to what we were seeing back in a very bullish April for alts. This week, we explore the fundamentals behind BTC, ETH, and a couple other

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Assets from this insight

Bitcoin logo

BitcoinBTC

$ 13831.33

6.83%in last 7d
Ethereum logo

EthereumETH

$ 389.20

5.40%in last 7d
Golem logo

GolemGNT

$ 0.078828

17.34%in last 7d
Ren logo

RenREN

$ 0.267593

18.44%in last 7d
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