BTC price Analysis

25 de jul. de 2018

There's no need for complicated charts. That's all you need to see. How the momentum has been built up to this point so price breaks this trend that was established since January. This daily and weekly are showing that a new cycle is beginning. I'm not sure we will experiment again a pump in bitcoin price and a decline in altcoins. That's how it usually goes, but then, you see altcoins and they are crushed to the ground, in bitcoin price. So if they keep dropping, they will be really resentful of breaking this yearly support lines where most are sitting on, ZEC, STEEM, FCT, ETC and so on. Are we on the way for $50,000 BTC price killing altcoins in the way, or is the market expected to surge as a fenix? Feel free to comment.