Although I can sense people becoming more and more bullish, in terms of Bitcoin in the short term we really need to be careful. The price action over the last 24 hours has become even more choppy, and every 4hr candle has closed in less that a 1% range. The demand zone created over the weekend continues to provide solid 4 hour support as seen clearly on the chart. Yesterday I mentioned the bulls want to see $109.1k (Weekly Open) reclaimed. We can see that was the exact point of rejection yesterday so there is big resistance here at the moment. The reactions at the Monday Low or Monday High retests will be our best confirmation of the next short term trend.
Most #Alts look bottomed. There is even a few majors that look rdy to pump and smash that #BTC dominance down Good times ahead Prepare yourself for the glory only whom stay PAYtient will be rewarded #EVERBODY #HOLD