Bitcoin is moving in a trendline, Ethereum and other Cryptocurrency are eating marketshare, but Bitcoin as the reserve currency is still trending up. Currently Ethereum is breaking out, which puts Bitcoin on a Downpressure, but price will probably go up before weekend at the weekend latest when the weekend drop for Ethereum happens.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.