Bitcoin has had an amazing run in the last few months, all runs require periods of consolidation to allow more money to enter the market. I am expecting BTC price to drop to the $33-32k range before breaking past 42K - could this be good for altcoins???
Let me know what you all think
Bearish signals - expecting drip to $33,000-32,000 range
- Failed to break $42,000 resistance - Macd cross over to the downside - Stoch RSI down - Potential MA cross down