Bitcoin close a candle below the daily 50 MA for the first time since last September, when price was in the mid $20ks. This is not ideal. Today's candle is retesting it as resistance, so we REALLY want to see bulls push it back above and make this a deviation.
Not much else to see here. Obviously Bitcoin looks week, with altcoins stealing the show.
Not much else to see here. Obviously Bitcoin looks week, with altcoins stealing the show.
scott.melker@texaswestcapital.com