Happy Monday guys! Bitcoin has been gradually increasing over the weekend which is very nice to see. Currently waiting to see if another dump will occur as it's Monday, which should lead into my downwards momentum further into this week.
I'm looking for a drop to around $3200, or $2750 within the channel on my technical analysis. if and when Bitcoins decides to take a nose dive again. I will be using the channels to also gauge when to long scalp the breakout for a quick profit. Overall, Altcoins have been trading sideways for the last week or so. I expect we will see green across the board for alts if Bitcoin breaks upwards.
I'm looking for a drop to around $3200, or $2750 within the channel on my technical analysis. if and when Bitcoins decides to take a nose dive again. I will be using the channels to also gauge when to long scalp the breakout for a quick profit. Overall, Altcoins have been trading sideways for the last week or so. I expect we will see green across the board for alts if Bitcoin breaks upwards.