The price of Bitcoin continues to battle for the 20 day moving average, which if held as support, would likely help catalyze some nice moves for altcoins. If Bitcoin falls below we will look to slightly lower levels to hopefully find support. This is the third day in a row of trying to hold the 20 day MA - we have seen that with slight moves to the upside, the altcoin market starts to wake up, but with BTC constantly going back down to test the 20 DA, altcoins are mostly not going to make any major moves. TA Video by Benjamin Cowen.
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