I think BTC will keep going up.
But got to short this weekly orderblock.
Bearish case:
Altcoin look like they could go up, BTC.D is retesting breakdown.
Bitcoin 2017 top fractal is playing out
Bullish case:
35% correction has already occured.
ETHBTC fractal suggest another 10 or 40% drop.
Total Market Cap broke out of trend line for a second time.
ETHUSD and LTCUSD being on support should mean continuation.
But got to short this weekly orderblock.
Bearish case:
Altcoin look like they could go up, BTC.D is retesting breakdown.
Bitcoin 2017 top fractal is playing out
Bullish case:
35% correction has already occured.
ETHBTC fractal suggest another 10 or 40% drop.
Total Market Cap broke out of trend line for a second time.
ETHUSD and LTCUSD being on support should mean continuation.
評論:
BTC was about to close under resistance but shot up just before close. I don't think that it was organic thus we dumped under resistance. If we close the daily above resistance then it was just a retest. Crypto total suggest so.