BITCOIN – 15 May

Price climbing higher with marketcap increasing and NVT dipping, probably good sign for more up move. Huge movement on btc transaction thought the cooling off period or consolidation finally is here for the parabolic rally but the movement came back quickly again after dipping to 7600 zone. We may just make another new highs again, next possible resistance on weekly 9600 zone or even the 10k like I mentioned in previous post. TD13 and overextended on weekly. Alts pumping as dominance dip from 60%.

News: (Current) | (Upcoming)

Short term moving average (day candle) :
Network Value to Transactions Ratio :112
Total marketcap :248
Dominance :57.8
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Related posts

Is Bitcoin About to Breakout?


Crypto Contest July 31: MediBloc

Markus Aarnio

Bitcoin Will Likely Consolidate or Pullback Over Coming Weeks

No comments yet