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Added 09 June 2018
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It's been a bloody weekend for Bitcoin bulls as the bears plunged price over 12% - forming most of the week's 13.6% range - and creating a close 6% lower than the weekly open. The area between $7727 and $8000 might give support, creating a consolidation period over the next week and giving altcoins time to stabilize.
The a...
nd happy new year!
Bitcoin's bounce was rejected from a small bearish weekly orderblock above, as it has been doing for much of the downtrend.
No clear bullish signs exist, although some weakly bullish hints such as a potential inverse head and shoulders and an Ichimoku tenkan-kijun cross on the daily have presented themse...
The past week saw little change in the overall path of the crypto market, with BTC printing a bearish weekly candle as the downtrend continues with no clear signs of bullish reversal yet showing.
The overall altcoin also continues to drop, making this a risky time to search for longer-term long positions for all but the mo...
