As of a few moments ago, BTC has officially broken through the 31,000 resistance, which was established all the way back in April. This officially brings an end to ~70 days of selling and bad market conditions.
With the Bitcoin dominance in break out mode, this is still just a bitcoin-only party. Let's see how the alts will react. Nevertheless, this is a great time to be in the market.
As explained in my Elliot Waves analysis, I'm currently expecting BTC to see more bullish pressure. Target is the 36.5k - 40k area.
With the Bitcoin dominance in break out mode, this is still just a bitcoin-only party. Let's see how the alts will react. Nevertheless, this is a great time to be in the market.
As explained in my Elliot Waves analysis, I'm currently expecting BTC to see more bullish pressure. Target is the 36.5k - 40k area.
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