Crypto Volatility From US Market Dynamics!!!
More fallout from the war from yesterday and markets are bipolar today. Bitcoin has taken a leap up and select altcoins are jumping hard. Bitcoin needs to close above $35.7k as that is the resistance line. If we don’t close above that, we should see some pretty solid downside for a week or more. Many alts are retreating due to the increase in bitcoin volatility, but most are still showing the right structure for a continuation. The DOGE train is coming back down again so a lot of the enthusiastic investors are getting a solid reality check. Ethereum looks good still. Verge is trading above the longterm pivot line at 44 sats so we have a good trade going there. Ravencoin is finally breaking out of the red zone. I’m looking forward to seeing what RVN does in the next few weeks since we’ve been held down for a long time and the upside is enormous.
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