The crypto bears take an early bite, with Bitcoin visiting sub-$5,000 levels before finding support. It could be a choppy day ahead…
After a mixed bag on Monday, the broader market sees red at the start of the day. Bitcoin will need to hold onto $5,200 for the broader market to avoid a mass sell-off.
While it’s another positive start to the day, some red is beginning to hit the board. Support levels could be tested later in the day should sentiment not improve.
Bitcoin moves back through to $5,000 levels early on. Holding above $4,900 levels through the day will be a major coup for the Bulls.
Binance led the way last week. Trailing at the start of the week, the rest of the majors will be looking to make up lost ground early…
After a bearish week, the majors kick off the week in the green. A move through key levels would be needed, however, for a return to positive ways.
It was quite a week for the cryptomarket as the bulls took control going into the 2nd quarter. The week ahead will define what lies ahead for the majors.
The bull run continues for Cardano’s ADA while some of the majors saw red mid-week. A hold onto $0.090 levels will be key going into the weekend.
It’s a bearish start to the week, following the gains from last week. A hold onto key levels could see the rally resume as the week progresses.
|Williams %R (14)||-66.7722|
|Stochastic RSI (14)||15.55|
|Ultimate oscillator (7,14,28)||34.4833|
|Stochastic Fast (14)||33.2278|