So far, we 've seen quite stable behavior of Bitcoin, holding above 5000 level very firmly.
Despite several serios pierces, this 5000 trendline held as Bitcoin made HH in double top at 5600 level.
Everything seems fine with Bitcoin for now.
The fact is : WE HAVEN"T SEEN ALTCOIN UPTRENDS what would actually be smart money invested through Bitcoin and vice versa (cashing it over an alt).
I do expect stronger move of altcoins upwards which will be cause further B movement upwards, thefore " triggering" alts and causing an uptrend of entire alt market for at least 30-40%.
Speaking of Bitcoin :
Technicaly bullish.
Stoch RSI along with RSI pretty much bottomed and doesn't sidewalk.
Made several retest on 5000 level and also double topped on 5600 making HL right after, but yet, making retreacement all the way to trendline.
Regardless of retest i am bullish on Bitcoin for now.
Will keep you posted :)
If you liked an idea press like and follow.
Cheers :)))