Hi Traders,
BTC has finally tested the $50k level with a small rejection. Price has also closed above bullish levels ($41000) which is a good sign for pieces to continue pushing higher. We have also noticed that now ALTS are very much outperforming BTC. BTC has also slowed down which has meant investment to move into other coins. There has been increasing support for mainstream adoption which is another great sign for more investment to move into the crypto market. We can definitely expect more large firms to follow and adopt the cryptocurrency.
Thanks
The Market Sniper Team
BTC has finally tested the $50k level with a small rejection. Price has also closed above bullish levels ($41000) which is a good sign for pieces to continue pushing higher. We have also noticed that now ALTS are very much outperforming BTC. BTC has also slowed down which has meant investment to move into other coins. There has been increasing support for mainstream adoption which is another great sign for more investment to move into the crypto market. We can definitely expect more large firms to follow and adopt the cryptocurrency.
Thanks
The Market Sniper Team
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.