Market Release
The market appears to be finding a range of support!
There are a lot of resistance levels above the 4k zone!
The longer we hold this zone in the higher 3K zone with out pushing for high highs and higher lows, we may be reaching a top on a short term bounce. A short opportunity may arise in the near future with strong sell pressure to continue taking us to lower lows. The market has been flooded with bad news stating that Wall Street may be pulling out of the crypto market. This may or may not be true. But what I know to be TRUE is BTC can not be un-invented. The cat to say has been let out the bag. The future is bright. History has habit of repeating its self. If that is to be true. BTC will be moving tords new highs but that is only after we have fully completed the current market swings. We are still in a bear market. The larger Picture shows us still in a down trend. Un-tell the down trend is broken we will continue to bounce back and forth tell we brake out one way or the other..
This is not trading advice, Always trade at your own risk. Never trade on emotion, never trade more then you are willing to loose completely. Take responsibility for your own actions. All trades made by your self are at your own will and under no coercion of any other parties. All information provided are for entertainment and should not be considered financial advice.