Bitcoin Range Trading Continues (Smaller Altcoins Grow)
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
While Bitcoin continues with its sideways consolidation before capitulation, the smaller Altcoins are having their turn.
We have a big trading range, which is good for the Altcoins we trade.
The bears and bulls are fighting but the bears have the upper-hand.
The trend is down while prices are trading below EMA50 ($40,724).
Above EMA50, the bulls enter the game but still, $45,500 is the strong resistance that needs to be taken out for prices to grow.
Trading volume has been going lower…
Focus on the Altcoins.
The big Altcoins are the same as Bitcoin .
What Bitcoin does they follow (ETH, ADA, LUNA, TERRA, BNB, etc.)
Namaste.
