Over the weekend, an attempt to push the price higher was made with low volume and open interest, which gave me reason to suspect a trick, and I closed all long positions yesterday.
An analysis of the weekly charts for #bitcoin and the majors didn't give me any reason to project a high-probability scenario.
The idea remains that for a crypto market reversal, it would be preferable to see the previously described scenario of a reversal in gold and silver play out.
In other words, I'd like to see a test of the all-time high in gold and silver, followed by a reversal, and new lows or rejection formations in the coin market.
#MarketRebound #altcoins #BTCFellBelow$69,000Again

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