Bitcoin and Altcoins Pulling Back

The Altcoin Index has given pause as the major Altcoins have had trouble with major levels. Bitcoin has had the same difficulty over the weekend, pulling back to levels of support. Both seem to be consolidating, ready to explode and conquer levels which at present offer transient resistance. Both BTC and the Altcoin Index appear to be correlated in this sense, as per the Crypto Spread Indicator, which is at parity.


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