$BTC
We had decent support in this region of $100K and after a higher jump, we returned to this red band on the chart, despite being very close to falling below the red band at this current moment, I think the last 5 hours from now will be more interesting for the BULLS.
Many people are upset about not having a V-shaped recovery here, but I think this structure that is forming (will be confirmed in the next 5 hours) is the most appropriate.
It doesn't matter if it was TRUMP with his countless statements today about his stalled Government or about the fact that HE DOES NOT ACCEPT that some Judge removes the fees he imposed, or still, it doesn't matter if it's because of the FED member saying that "IT IS NOT CERTAINTY" that the FED should cut interest rates. For one reason or another, it doesn't matter what made us stop the rapid recovery, WE STILL MAINTAIN A GOOD CHART here and a recovery to $107K initially is the most likely.
Soon we will look at this chart and say "DAMN DEVIATION THAT DECEIVED ALMOST EVERYONE".
The dominance of BTC continues to struggle to rise and that is facilitating for the altcoins, some even already show good demonstration of having found the bottom, like $FIL, $AR and some others, we have good charts in altcoins.
The BEARS will be punished for their arrogance.
The recovery of $112K is what puts the BULLS back in the game,
New ATH in November!
