Crypto Broad Market Set to Follow BTC
A bullish reversal at important price support on expanding volume taking total Altcoin market capitalization back up to 1st resistance where it’s been consolidating and forming an inverted head and shoulder pattern, that’s where the rest of crypto is right now and the million dollar question is whether Alts will follow Bitcoin’s lead or not.
It’s not all that much of a guessing game. Rallies coming from oversold extremes at support on expanding volume are usually quite reliable, and when market leaders lead the way, the chances the broad market will follow get even better.
The setup is very clear, almost a mirror image of the BTC setup from yesterday, and the target is equally similar: previous all time highs. Let’s see what happens.
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