We are breathing in but also out, having some small pullbacks on the way up is important to gather new buy-side momentum.
Bitcoin above 50500! We have a market poised to move higher with many coins claiming new higher highs, this is what I like to see!
Bitcoin is moving and so are all the other coins as well, when Bitcoin breaks its last high, the next stop is 60k! Blue sky for the market today.
After a long crabwalk around 3k, ETH finally has shown a lag up, is this the beginning of the next market phase for the Alt’s and when will the big bear awake from its slumber?
The market is crab-walking and quite erratic, some coins are pulling back, others are flying. Where are we going?
We are consolidating once again, zooming out on the weekly timeframe indicates further low side. This pullback is healthy.
I don’t say it often, but this pullback was needed, have a look at the weekly chart, showing us clearly that a pullback is imminent.