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Added 17 April 2018
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It's been a slow week for Bitcoin's longer-term trend traders as they wait for the price to make a move from the magnetic $9100 region. After covering a 4.2% range during the week, last week's candle closed a mere 0.43% lower - possibly signaling the end of June's downtrend?
Meanwhile, the altcoin marketcap spent last week...
It's been another wild week in Bitcoin with the price covering a nearly 10% range - jumping up to short stops at $9,800 before plummeting down to near $8,800.
The altcoin marketcap mirrored Bitcoin's movements with its value climbing from $94 to $98 billion, before ending the week near $90 billion.
While we wait to see ...
Bitcoin continues to trudge along in a relatively small ~12% range as it paints a descending triangle on the daily. When the price rises into this pattern (as it did), the odds of an upward breakout increase.
However, the triangle does not close for a few more weeks, which means that the market may continue to stagnate whi...
