It appears institutional money has suede the market in this potential breakout from this downward trend from early Sept. Twitters CEO, Jack Dorsey bagged $50M of bitcoin, which gave the crypto market some nice price action to the upside, but it seems that was only the match that started the fire within this bullish run. It was Trump who poured gasoline on this fire by pushing forward with much need stimulus to airlines. This should be a good sign more stimulus is to come. Therefore, ETH’s 9EMA has just crossed the 200EMA, which is a strong move that means there should be some continuation to the upside.
Cheers!
Cheers!
