What a week for cryptocurrencies. The alt coins staged impressive rallies, although largely on small volume, indicating that the price increase was a relief rally and that the downtrend may resume. However, Bitcoin held back, staging small price increases on subdued volume.
But overnight it powered through a major area of resistance and at the same time smashed above the downtrend channel that has been in place since mid-December 2017. However, volume remains poor.
It will be interesting to see what happens from here - things have turned much brighter, but without strong volume, the rally may not be sustained.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.