BTC and Major Crypto have been selling over that last few days with volume gradually declining. We said before that BTC is not done yet and there are still gas left in BTC.
We know a lot of sentiments in Crypto market is driven by Bitcoin, we have also seen that other cryptos including many alt coins has been weakening compared with BTC.
As BTC volume is shrinking as price is moving down, BTC is finding good support above 9000. There is a strong desire to pull price up near 12K which will attract a lot of sell (We posted buy and sell volume analysis before).
We expect BTC to trade in a range between 9000 to 12,000 and all major cryptos to follow the similar pattern.
We will keep posting the updates during the week, stay tuned !!!
We know a lot of sentiments in Crypto market is driven by Bitcoin, we have also seen that other cryptos including many alt coins has been weakening compared with BTC.
As BTC volume is shrinking as price is moving down, BTC is finding good support above 9000. There is a strong desire to pull price up near 12K which will attract a lot of sell (We posted buy and sell volume analysis before).
We expect BTC to trade in a range between 9000 to 12,000 and all major cryptos to follow the similar pattern.
We will keep posting the updates during the week, stay tuned !!!