At some point I think Bitcoin will go megataon. I expect us to break upwards from this ascending triangle / (2nd pattern possible) descending wedge. Sure we may come down some and if we do I'd like to see us stay within these pattern(s) and eventually make a BIG break upwards!
It appears that alt coins(any crypto currency other than Bitcoin) are following Bitcoins movements like they did 2017-2018. When BTC goes up, alts go up. When BTC goes down, alts typically go down with it.
I like to Long Bitcoin and hedge by shorting alts when we have this sideways action. When bitcoin pops it can move very fast so be ready to ditch the...
Bitcoin 100 day Moving Average is currently acting as resistance. The 100 MA(green) and 200 MA are coming togeother. 1 Day bullish divergence could have been spotted on the daily chart. Many Alt coins appear to have followed king Bitcoin in this move. Bullish on alts that follow bitcoin and bullish on bitcoin!