Here's a quick look at btc 1 hr chart. As we can see the has formed a falling channel and is very close to breaking it. If we break, then we might run up to 60k and retest that level. Or we might see a rejection here and fall back to the 57.5k.
Also if we break 60k, there will then be a target of 68k in play due to the inverse head and shoulders!
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
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