Good for all people!
This is the first of thousands of other posts after my last post.
Here I’ve analyzed Bitcoin that is still the biggest player in the market with a 41% of dominance.
BITCOIN OVERVIEW
Since January we’ve seen Bitcoin on o downtrend hitting the record price of 20k$, and it has formed a descending channel during the past months that has been respecting it even tho we had some fails breakouts.
ATM we see it touching again the downtrend line, our view is that if it breaks it with other further confirmations we can see bitcoin going back to form a new uptrend and new records, otherwise it may fall again to touch new lows around 3k$.
We will keep you updated about what it will happen next until then avoid entering any buy or sell position.
Soon will come new analysis of all the other major Cryptos and our watchlist.
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