We have seen some decline in the price of most altcoins as market has been on an overall bearish for some period of time. currently we can see a formation of a converging triangle as price bounces off a major support zone which have been verified severally and proven to be a valid point. Price has successfully done massive rejection with a double bottom...
We have seen BTC made some rally to the up side for some time, we expected a short term decline in price to $40,000 - $39,00 so as to give major investor opportunity to join in the bullish move, or a possible creation of wyckoff pattern. At the moment we could expect more rise in price with a tight stop loss, as over all market seems to be bearish.