Hello again Dear steemians!
After a couple of weeks in down trending mainly pulled by bitcoin price, The crypto market seems to be finally reacting.
I use to watch some traders channel on the youtube, and recently the guy from the Bitfarm channel (where they only use to make lives) made a market analyses where he say that we were now facing a moment of "turbulence" where if the BTC charts manage to overpass the top of its current trending line it shall start to recover its value and possibli revert the middle term down trending to positive, however if it didn't manage to break this top trending line it should slip down to the previous 8K support.
Fortunately looks like it have manage to break that upper trending line which means (in the Bitfarm guy words) that its next resistance value should be about 12.5k $.
After that it have been making higher and higher supports, so it indeed looks like we are are now starting a up trending, for how long it will last i don't really know but this is a good signal to all altcoins that might start being pushed up together with it.
Let's keep ours eyes open to the next bitcoins moves, I do really wish that this is it the beginning of its walking back to the 20k $ and beyond ! \o/
Ps: Remember by just clicking in the resteem button you will be giving an amazingly support to great content authors to keep doing his good work. So do not hesitate to resteem or even making a post about a good content you have seen, share it with your Steemit brothers and sisters! ^^
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