Update

BTC still can't seem to make up its mind. Heading back down in the channel. We could see BTC break down causing it to head to the 8k range. Big money seems like it is staying out of the market still. We've been around $550B total market cap for a week now. Down from a $830B TMC peak earlier this month. If you've pulled profits, make quick trades. If your down then just hodl. Make sure you wait for the channel to break up before reentering for long term.

Anyalsis

• Moving averages still underwater. This is when the 50 MA is below the 100 and 200 MA's which is very bearish.

• Green 50 MA

• Red 100 MA

• White 200 MA

• Macd crossed over bearish