BITCOIN Pullback w/Supports HoldingsteemCreated with Sketch.

in #bitcoin5 years ago

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The cryptos have decided to pull back a bit. The bears are wanting to see some downside, but it looks like supports have been held.

Litecoin and BCH have been the big losers so far. BTC is still the big daddy of the show and looking to hold. Resistance has been found on the longer charts, but overall, I'm still thinking we will see the upside.

Such chart formations are needing bullish support, so it's likely to see another rally attempt.

I hope you are all having a great Sunday and Easter!!!

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Thanks for posting todays update

hmm I don't trust the bulls much even though I probably should... Some larger pullback seems overdue, then again maybe that's what the price movers count on ;)
cheers for your take on the situation here though

yea longer term I'm still skeptical. There definitely will be a longer test of supports on the longer charts here.

perfect and convenient. I just lovingly commited to giving the space the benefit of the doubt for a last leg up before major pullback.

Nice post @exxodus!

Upvoted. :)

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