$Btc in crutial phase as Bulls failed to bounce back so far.
Bulls need to do the following to prove they are still alove:
1. Need to close above 9.4k tonight
2. If (1) fails then need 2nd line of defence would be 8.7k
3. If both (1) & (2) fails then Last line of defence would be 8k
P.S. $Bitcoin decides the market trend for the complete market.
If it reverses then all Alts will follow.
Bulls need to do the following to prove they are still alove:
1. Need to close above 9.4k tonight
2. If (1) fails then need 2nd line of defence would be 8.7k
3. If both (1) & (2) fails then Last line of defence would be 8k
P.S. $Bitcoin decides the market trend for the complete market.
If it reverses then all Alts will follow.