BTC and Cryptos Breaking Lower - Don't Fight It !

in #btc8 years ago

Crypto Volume Analysis

We might see a deeper drop as I warned of yesterday, when looking at the market cap, as it has dropped below the support that was around 650 Bln. The fall is sharper than I expected and the Cap is now 572 Bln. There are some lows around 540-50 Bln that may support but ultimately, if this snowballs, we are looking at 430 Bln and the spike low from Dec 22.

BTC/USD Jan 16 2018

https://www.tradingview.com/chart/BTCUSD/Kx8KuwH6-1-Crypto-H4-BTC-USD-Bearish-Breakout-Jan-16-2018/

Coin Marketplace

STEEM 0.06
TRX 0.30
JST 0.059
BTC 70140.06
ETH 2138.72
USDT 1.00
SBD 0.51