Today, the price of bitcoin fell hard.
Of course, this price drop occurred after a news.
But the price of bitcoin fell to a previously known support and bounced back.
Look carefully at the technique. The price of bitcoin, which rose to Fibonacci-0.786, fell from there.
If it rises above the $ 13100 level, it will likely climb to the new top of 2019.
Meanwhile, investment in alt-coins is very dangerous. In today's harsh price drop, alt-coins fell more.
Bitcoin is stronger than ever against alt-coins.
In my analysis, most of the altcoins seem to be deleted in the future.
Isn't life like that anyway? Everything that multiplies quickly eventually decreases, and only the strongest survive.
If the market goes that way, many altcoin projects will look like the end of the dotcom balloon in the 90s.