Bitcoin
Short

Major Levels Are Now Being Broken in the Altcoin Space!

Traders,

In this weekend's video, I am continuing my cautionary tale. You'll remember in my last video that I went all contrarian on you regarding the Bitcoin ETF approvals. I was not necessarily bearish. But I am not necessarily bullish either. I am only observing some indications on the charts that warrant caution. And thus, I stated that we need to be prepared to expect the unexpected. We could be at a mid-cycle top and the whole ETF approval thing could be a sell the news event. Altcoins, now seem to be backing that hypothesis as major support levels are being broken all around. We'll take a look at what I am observing on these charts.
altcoinsbeartrapBitcoin (Cryptocurrency)bitcoinetfBTCbtcetfBTCUSDChart PatternsetfapprovalTechnical IndicatorsTrend AnalysisTrend Line Break

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