Yesterday we discussed how bitcoin would likely retest the $7,500 support. I had my doubts this support would hold a second time, but bulls proved again they’re not out of the fight. We watched a textbook double bottom bounce as price rallied to about $8,000 before finding resistance. It’s currently trading around $7,950 on Coinbase. Daily volume is stagnant, suggesting traders are still taking a watch and wait approach.
In today’s video I analyze Bitcoin, EOS, ETH, LTC, BNB and XRP. We’ll discuss where prices might be heading next, key areas to watch, traps to avoid and so much more. I hope you find it helpful.
From retired airline pilot to full time crypto trader. Trading cryptocurrency provided the means to walk away from a demanding career to enjoy time focusing on what's important in life - family and friends. Helping others navigate the volatile crypto market is an amazing bonus.