BTC was for a while in a trading range, which came to an end, as a strong bearish imbalance pressed the price down
The Bulls answered immediately and showed, that they have upper hand in this session
BULLISH with 70% confidence
Condition:
Must not go lower than 7400-7500 range
Should break above 7800-7900 range
Target:
8700-8800 you will see that from its peak it drop down and hit bottom went back up and back down backup and now back down again for the third time. Usually it runs up higher after three times.
For the first time in 8 months, I've been able to update my long-term price chart of bitcoin. I give you the market cap of all crypto, altcoins and their dominance all the way back to Jan 1st 2011