BTC 4 Days of Sideways
We are still in a very tight range, with no winner after the last rejection from resistance.
The daily uptrend is still intact, but bulls will have to make another move to resistance, where we know the bears are waiting.
The pattern has been a slow move to resistance, a quick break or hard rejection, and then lack of bear follow through.
In 2019 the periods like this where BTC trades sideways for days, we see individual alt coins run for bulls.
The pause in BTC volatility allows for the alt coins to run on their own.
BNB continues to perform as the lead bull in the crypto space with news catalysts recently sending it to higher highs.
Congrats to bulls capitalizing on alt coin strength while we wait for more clear direction from the more popular coins.
The daily uptrend is still intact, but bulls will have to make another move to resistance, where we know the bears are waiting.
The pattern has been a slow move to resistance, a quick break or hard rejection, and then lack of bear follow through.
In 2019 the periods like this where BTC trades sideways for days, we see individual alt coins run for bulls.
The pause in BTC volatility allows for the alt coins to run on their own.
BNB continues to perform as the lead bull in the crypto space with news catalysts recently sending it to higher highs.
Congrats to bulls capitalizing on alt coin strength while we wait for more clear direction from the more popular coins.
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