So once again,we're back below the 200 day, and how they just disregarded the $9,000 support like it was nothing. For the bulls currently, the last couple of days(5/12th and 13th) the downside pressure looked uncomfortably to stay below May 11ths red day. Short -mid term, I think we're all eyeballing 10k again, but like I've said in chat I won't put my serious gear on until we get a firm hold above $10,200s. I'll put the serious gloves on after $12,000s. And should be paying more heed to the cryptos after 16k and above(when ever)
But in the meantime,alt coins will give plenty of opportunities in between time. As of May 14th,I'll be watching out for more 8300,8500s consolidation mid term before more bullish action.
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