You are viewing a single comment's thread from:
RE: ~31~May: Let's look at the top 10 cryptocurrency for today
Great article! There are huge levels of uncertainty within the market, alongside low levels of volume, it is continuing to force the price of Bitcoin lower. A healthy trend will always have areas where it pulls back, normally around the major zones of support/resistance and this exactly what price is developing right now. A downtrend has formed creating lower highs and lower lows which has forced investors/traders to short the market and send price lower. I believe price will continue to rise to roughly the $8,000 area before we see this downtrend continue.