With BTC maintaining the $42 support, the 'golden cross' approaching and BTC dominance approaching a double bottom - a bounce and second leg up looks imminent.
Of course a further dip to the 20 Week MA may come first to shake out remaining weak hands.
** NOT TRADING OR FINANCIAL ADVICE **
Of course a further dip to the 20 Week MA may come first to shake out remaining weak hands.
** NOT TRADING OR FINANCIAL ADVICE **
Comment:
Tracing as expected following the double bottom. Will see if we break this trend as BTC leads the way into the next upward leg before alts have their run.