Bitcoin has printed out a double bottom exactly on support and has moved higher. This is bullish for the short term and suggests the correction is over and there will not be any lower lows in the short term. This also suggests that altcoins, as we've seen today, will move higher because when bitcoin moves sideways or slowly up, alt coins outperform bitcoin
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.