Key $BTC zone that I think price should hold.

Alts were going up for days, and we have to admit that everyone was getting a bit too comfortable expecting much higher prices.

I always say bull market pullbacks are sharp enough to quickly liquidate high leverage longs and this is exactly what happened today.

I have been discussing a scenario with you where it’s possible that Bitcoin stays range bound for some time while altcoins perform during this period. I still think this is a likely scenario.

It’s too early to say this is the end of the bull market we’ll get the answer soon.