Most major cryptocurrencies have seen strong buying at lower levels, which shows traders remain interested in buying the dips.
Bitcoin could be setting up for a drop below $8,200, which could present many buy the dip opportunities for investors
Bitcoin is likely to consolidate between $8,800-$10,000 over the coming week
Most major cryptocurrencies have turned down from their immediate resistance levels, which suggests a minor correction in the next few days.
Bitcoin looks ready to head higher in the next few weeks, meaning traders could consider accumulating on the dips
The action in altcoins has become coin specific, meaning, traders should remain with those that are in an uptrend as they are likely to follow Bitcoin if it moves higher.
The recent correction in Bitcoin has not dented the upward trend and a retest of $10,000 seems likely
After Bitcoin’s rally, several major cryptocurrencies are attempting to resume their up move.
Most major cryptocurrencies are stuck in a tight range awaiting direction from Bitcoin.
Several major cryptocurrencies are facing selling at higher levels but the fact that traders are buying on the dips suggests further range-bound action is likely.