|Taday Update Thursday 28 October 2021| The Bitcoin bearish intact, relations to altcoins and $100K target"
Greetings! Have a great day.
How are you? I hope this week has been treating you well so far. Things have been pretty good for me too, it's a great time to be alive!
The Bitcoin bearish intact, relations to altcoins and $100K target is a term coined by brokers as it describes those who think bitcoins will decrease in price.
Toaday I will Give You Bitcoin Technical Analysis
Just 5 days ago we looked at the bearish potential for Bitcoin, "Bitcoin Entering ABC Correction | Altcoins About To Boom!"
This remains intact. We are likely to see lower prices in coming days as well; just a short correction before resuming massive strength and bullish growth again!
The Altcoin will do great while this happens because it signals money is flowing out of BTC during retracements (or corrections), but once they're over
Just 5 days ago we looked at the bearish potential for Bitcoin, "Bitcoin Entering ABC Correction | Altcoins About To Boom!"
Bitcoin Bearish Intact, Relations To Altcoins & $100,000 Target
The Bitcoin bearish intact, relations to altcoins and $100K target is a term coined by brokers as it describes those who think bitcoins will decrease in price.
The crypto market continues its slump this week with the overall losses being at least 20%.
One reason for such steep decline could be due regulatory concerns from China which led exchanges like OKCoin temporarily halt withdrawals last Saturday before finally closing shop on Monday following an extensive inspection of their offices
The crypto market continues its slump this week with the overall losses being at least 20%. One reason for such steep decline could be due regulatory concerns from China which led exchanges like OKCoin temporarily halt withdrawals last Saturday before finally closing shop on Monday following an extensive inspection of their offices
Bitcoin Entering ABC Correction | Altcoins About To BOOM
Bitcoin is currently trading below EMA10, following a new peak/high. After an all-time high it’s normal for there to be some correction; this time around though the price action has been particularly bearish as seen by yesterday's closing red candle on Bitcoin’s chart . It appears that we may have bottomed out with one more downswing before things turn up again--so where do you see prices heading? You can view additional details about our current situation in these eand Somehow my favorite altcoins always seem stronger than other coins when they correct...but which ones will move strongly next and how much ?