The tug of war between the bulls and bears continue today in the market
The downtrend is still intact and we are now also seeing a dominant short term triangle pattern in BTC and a few other alt coins which indicates a possible significant move in the next few days.
Resistance continues to be strong, however if we see a breakout from the $9200 line, expect to hit $10,000 pretty quickly.
Remain cautious even though a bullish outcome is more likely here. I am not expecting any new lows during this cycle.
What do you guys think about the market today?
It's a very good analysis. I'll follow you.
thank you @durotan
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