And finally, here we have BITCOIN approaching to the most important Resistance Level of the Chart. The range between 6050 and 6400 USD.
The 50 Day Moving Average in a consistent upwards trend which is nice and positive but….
But what happens with the Total Market Cap? Is it increasing because investors are coming, new FIAT is entering? or…
…is it the pure consequence of the Altcoin “Drainage”?
I’m afraid that the last is the most likely…
Yes, BITCOIN is increasing but most ALTCOINS are in full free-falling mode, and I am not speaking only about our beloved STEEM.
This “positive” trend on BITCOIN is only
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