October 19 2019 Today Bitcoin is providing a pattern combination that bears will entirely deny. Bulls say that we are going to bounce off this level and rise up, bears feel this is a staging ground for further drops. Altcoin prices drift sideways as Bitcoin dominance trend looks promising for Alt season beginning.
If you watch the earlier videos from this week we have explored the three touches of death formation earlier and compared that to our indicators. You may already know what we are looking at.
RSI, On Balance Volume, MACD, Ichimoku Cloud and now including Bollinger Bands
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Let’s review bitcoin price today and compare our four indicators across the time frames from weekly down to hourly. Then we check Bitcoin dominance and finish the report with an overview of our Patreon Altcoin Market Watch Spreadsheet.
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