Yeah I think we should see yet another dive any day now. Seems to be a bit of a pattern lately. BTC rallies a bit, then maybe some alts go up a little too. Then BTC dives and alts go to new lows. I'd be surprised if this does not happen again within the next 7 days.
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Exactly, we need significantly more volume to confirm the uptrend...till then, I am going to trade the small longs and shorts within the channel, which seems to be up trending...
Cheers