Yesterday Bitcoin formed a weekly candle close above the bull flag. We are seeing some bullishness early in the week. There are a lot of important events this week, especially FOMC and the Fed speakers. The markets could rally higher if we get some bullish sentiment from the Fed. I want to see Bitcoin rally to new all time highs to kickstart the bull run.
Bitcoin has dropped back down below the bull flag.
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The Altcoin market is trending for a green day as Bitcoin rebounds back above $60k instead of dropping below $58.5k. I think Altcoins are at risk of dropping still, and I would closely monitor whether Bitcoin gets rejected at $60.3k since BTC will affect the rest of the crypto market. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreEthereum is trading near two key support levels, and is currently holding above $2,340 support. If ETH loses support here I have $1,980 as my next key support target to monitor on the way down. I think Bitcoin’s price action at $60k will affect the entire crypto market here. If there is a rejection ETH […]
Read MoreBitcoin is forming a bullish rebound after dipping below $58.5k. There is resistance at $60.3k that needs to be monitored here for a breakout or rejection, and $58,455 to see if Bitcoin breaks below support. Bitcoin Spikes Up to $61K Bitcoin has rallied above the $60.3k resistance target, and is currently trading around $61k. In […]
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The Altcoin market is trending for a green day as Bitcoin rebounds back above $60k instead of dropping below $58.5k. I think Altcoins are at risk of dropping still, and I would closely monitor whether Bitcoin gets rejected at $60.3k since BTC will affect the rest of the crypto market. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreEthereum is trading near two key support levels, and is currently holding above $2,340 support. If ETH loses support here I have $1,980 as my next key support target to monitor on the way down. I think Bitcoin’s price action at $60k will affect the entire crypto market here. If there is a rejection ETH […]
Read MoreBitcoin is forming a bullish rebound after dipping below $58.5k. There is resistance at $60.3k that needs to be monitored here for a breakout or rejection, and $58,455 to see if Bitcoin breaks below support. Bitcoin Spikes Up to $61K Bitcoin has rallied above the $60.3k resistance target, and is currently trading around $61k. In […]
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