Bitcoin , unlike most ALTS seems to be more resilient and for very valid, Fundamental kind of 'common sense' reasons.
The market is still NASTY and economic data can push all price lower (domino goes like this: Indices, Bitcoin , Crypto).
Regardless, BTC lies on support at 28669 but will face huge resistance at 31217 and 34,000-34,400.
Again:
Bitcoin is our favorite asset, the one that make most sense. Everything else we can go short..but never Bitcoin (yes, never)
One Love,
the FXPROFESSOR
The market is still NASTY and economic data can push all price lower (domino goes like this: Indices, Bitcoin , Crypto).
Regardless, BTC lies on support at 28669 but will face huge resistance at 31217 and 34,000-34,400.
Again:
Bitcoin is our favorite asset, the one that make most sense. Everything else we can go short..but never Bitcoin (yes, never)
One Love,
the FXPROFESSOR
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