Bitcoin continues to consolidate near its All-Time High.
The daily candles are trading above EMA10, EMA21, and EMA50 as well as all other EMAs. (bullish)
The MACD is above zero (bullish zone). The RSI is above 50 (bullish zone).
We have average volume (neutral).
The Altcoins continue growing (bullish for Bitcoin). The more the altcoins grow the better it is for Bitcoin.
When the altcoins stop growing, correct, retrace or consolidate, Bitcoin tends to grow.
Money that flows out of the Altcoins moves towards Bitcoin.
A strong Bitcoin also favors the Altcoins. A sideways Bitcoin is good for the Altcoins.
Many new people entering the market... A lot!
Small Cap. Altcoins Next!
The smaller capitalized altcoins, thousands and thousands of these, are next in line... They are set to grow strong as it has been happening with the big ones.
The smaller ones have higher risk but also higher potential profits.
The Cryptocurrency Market now has a 2.55T market cap. Bitcoin alone is looking at a massive 1.08T+
Last year the entire Cryptocurrency Market reached a low of 0.250T or so... So we have at least 10X growth.