⚡️Everyone expected crypto to crash this week, but it did the exact opposite.
- $BTC held $75K support, bounced 7% from the low and is back above $80K.
- $ETH held $2,350, bounced 10% from the low, and is back above $2,550.
- ALTs surprised everyone. Up 17% from the recent low and back above $225B for the first time in 8 months.
- Total crypto market cap held $2.5T and added $200B from the recent low.
And all this happened while CLARITY failed, the Fed hiked rates and oil stayed high.
The important part is that the major supports still held, which makes this bounce more bullish.
Now BTC needs a weekly close above the 50W MA at $78,760, then a break above $83K and ETH needs to hold above $2,600.
- $BTC held $75K support, bounced 7% from the low and is back above $80K.
- $ETH held $2,350, bounced 10% from the low, and is back above $2,550.
- ALTs surprised everyone. Up 17% from the recent low and back above $225B for the first time in 8 months.
- Total crypto market cap held $2.5T and added $200B from the recent low.
And all this happened while CLARITY failed, the Fed hiked rates and oil stayed high.
The important part is that the major supports still held, which makes this bounce more bullish.
Now BTC needs a weekly close above the 50W MA at $78,760, then a break above $83K and ETH needs to hold above $2,600.
