Are BTC's Bears Behind Us?!?! - TeamCrypto Bitcoin Screening: $9,275 (1d chart)

in #teamcrypto6 years ago

Hey TeamCrypto,

I apologize for the gap in screenings. I've had a ton going on!

Since our last screening when #Bitcoin was rejected by our $9,500 horizontal #resistance (red arrow), it has retested, broke out, tested $10,000, was rejected, then fell back under our $9,500 level. It seems to be respecting this new #support trend line, though (blue arrow). We'll have to see which level is stronger as we approach this pinch. Stay vigilant!

Screen Shot 2018-05-09 at 5.37.50 AM.png

For everyone who bought #BTC back when I mentioned it at its apparent bottom (green arrow), great move! Things are looking good so far, and it doesn't appear as of now that we are going to head back down that way. With all the positive news floating around about Bitcoin and major institutions' adoption of it, I think we will be breaking out above $10,000 in no time!

With BTC and the market as a whole stabilizing and beginning a bullish run, what are everyone's favorite alt coins? What is your favorite to hodl? What is your favorite to trade?

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