Other Bearish Factors for BTC compared to ALTS:
MACD also has a fresh bearish cross!
-DI is curling upward indicating selling pressure increasing
+DI heading downward
Then there is all the fresh breakouts for alts lately!
I do believe we are on the cusp of an ALT-COIN EXPLOSION!
MACD also has a fresh bearish cross!
-DI is curling upward indicating selling pressure increasing
+DI heading downward
Then there is all the fresh breakouts for alts lately!
I do believe we are on the cusp of an ALT-COIN EXPLOSION!
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Here is a snapshot in the 8 HR instead of the 1 week time frame. You can see that its already broken out of the rising wedge. In smaller time frames you can clearly see the breakdown.
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Here is a view in the 30 Min.
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Found another BTC Market Cap chart on TV and wanted to see if there were any similarities or differences. Turned out basically to same although just more definition for some reason?! Anyways here is a shot of the 30 Min on the other chart. you can see the extra detail as in comparison to the picture above, but the same trend!