Monday Night BTC Report. Consolidation around zone.
Monday Night BTC Report. Cautious optimism. Price is likely to consolidate where it is right now in the middle of the zone or it may move all the way to the bottom of the 50-61.8% zone where there is some strong support. The DXY is moving up after a strong move from yesterday's candle. It still has a way to go even the the Stoch shows it as being overbought and flattening out. BTC Dominance has dropped abain to a new low of 42.61% This is not an all time low for this cycle, But that is not too far off at 39.69% Could be that all the external factors are really having an effect on BTC which means BTC has finally made it to the bigtime and institutions are starting to control/manipulate it.
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