Currently BTC has bounced of off this resistance/supply zone we have here at around 44-45k.
We really need to break this resistance in order to continue our bullish run, failure to do so could result in a drop back down to 43k or even 42k if we are unable to hold 43k.
BTCD has also been rising as per BTC, hence the little movement in alt coins and why they havent been seeing as much of a pump., BTC D looks to have double topped so if BTC breaks resistance we could see a nice little ALT coin pump.
On the BTC daily chart we are also in a sort of ascending wedge with a similar resistance to as mentioned above, so if we do end up breaking that resistance it will be very bullish for the crypto market!
We really need to break this resistance in order to continue our bullish run, failure to do so could result in a drop back down to 43k or even 42k if we are unable to hold 43k.
BTCD has also been rising as per BTC, hence the little movement in alt coins and why they havent been seeing as much of a pump., BTC D looks to have double topped so if BTC breaks resistance we could see a nice little ALT coin pump.
On the BTC daily chart we are also in a sort of ascending wedge with a similar resistance to as mentioned above, so if we do end up breaking that resistance it will be very bullish for the crypto market!