TA shows Bitcoin going UP, or heading down some more? (And what about those Altcoins?)
So the bears have been growling the last few weeks, and people are wondering how far down this bitcoin correction is going.
Some TA shows a triangle forming, and it seems that bitcoin started going up today! It could point to a break out, with BTC going up this week, maybe even coming close to $2700.
On the other hand, this could just be a quick increase which might go down again.
I hope everyone bought a bunch of BTC, while it was low, as I think it might go up this week.
In my opinion this increase in BTC, will cause altcoins to drop some more, but once bitcoin price stabilizes again, the major altcoins, like ETH will follow suite, and then then little guys will also get some time to ride the bull!
Lets keep an eye on this, and let me know what you think!