This article was posted on Wednesday, 20:52, UTC.
It’s been a strange and slightly bearish day for the crypto-market following the sudden spike lower in altcoins yesterday, as Bitcoin failed to follow through on its strength, but altcoins also acted weak, especially Ethereum. Ripple also pulled back heavily after its strong move while Litecoin remained strong, trading just below its recent highs. The global risk-off sentiment weighs on the segment today, and there are very important support zones just below the coins, and a break below those could warn of further correction with the long-term picture still being overbought. Bitcoin BTC/USD, 4-Hour Chart Analysis Bitcoin pulled back after…
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Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.