Bitcoin has retested the $60k support level to fill the CME gap, and Ethereum has also dropped to retest the white $3,270 support line. There is a bullish rebound forming off this support level, and I think we could see a rebound after the Fed meeting minutes are released today.
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After 17 days of sideways price action, the Altcoin market suffered a $100 downswing and has already rebounded by $50 billion. The daily candle is trending to have a bullish rebound, and I think we will climb back up to $600 billion market cap over the next few days. This feels like the final shakeout, […]
Read MoreEthereum had a nice rally after spot ETF approvals, but there has been a lot of delays with actually listing these ETFs so that they can be traded on the market. Ethereum has lost all of its gains through this multi week downtrend, and has formed a strong rebound off this red support line around […]
Read MoreBitcoin has shown several weeks of weakness, and we’ve kept wondering whether the $60k support level will continue to hold. Of all the days Bitcoin decides to have a steep decline on 4th of July. Losing $60k support is not ideal, but there are a lot of buyers at $60k and there will definitely be […]
Read More
After 17 days of sideways price action, the Altcoin market suffered a $100 downswing and has already rebounded by $50 billion. The daily candle is trending to have a bullish rebound, and I think we will climb back up to $600 billion market cap over the next few days. This feels like the final shakeout, […]
Read MoreEthereum had a nice rally after spot ETF approvals, but there has been a lot of delays with actually listing these ETFs so that they can be traded on the market. Ethereum has lost all of its gains through this multi week downtrend, and has formed a strong rebound off this red support line around […]
Read MoreBitcoin has shown several weeks of weakness, and we’ve kept wondering whether the $60k support level will continue to hold. Of all the days Bitcoin decides to have a steep decline on 4th of July. Losing $60k support is not ideal, but there are a lot of buyers at $60k and there will definitely be […]
Read More