#BitcoinCash #BCH #BCHUSDT #Bitcoin #Altcoins
Good evening my fellow Cryptocurrency trader, I hope you are having a wonderful day...
I have good news to start. The market is looking good. There was no bearish action during the holiday and some pairs are starting to move up strong.
I am using Bitcoin Cash because it is one of the big projects moving first. Since the entire market is interlinked, seeing an advance, continuation, breakout, etc., on one project reveals the others will do the same.
The level that was once our "final barrier" has now been tested and confirmed as support. After hitting a high of $631 Bitcoin Cash produced a retrace to reverse around the $570 level. The action today is turning full green early.
This is a major development because it reveals a broader bullish market bias. Bitcoin started trading above $88,000 after several days of sideways. Volume is high on the 1H timeframe and this early move also supports marketwide bullish action.
I cannot say that I am surprised but it is good to see confirmation coming from the numbers and charts.
This is all extremely positive and there is still time to enter the market with high leverage. Timing is perfect right now as we are close to a major jump. No bearish action is a bullish signal. Consolidation above support also supports additional growth. Here you can find all the trade-numbers for our most recent public trades.
Thanks a lot for your continued support.
Namaste.
✅ Trade here on $BCH
