BTC - Bitcoin advances to upper end of channel..
BTC - Bitcoin advances to upper end of channel with a 6K target. As price moves towards the upper end of the channel we will need to see a wave of buyers to move BTC to upper SD (standard deviation) limits. BTC advance has hampered altcoins by some 50% and more. BTC now within 5% of a 100B market cap this has taken $$ out of conventional market as seen in SPY's loosing approx. 40% of its normal avg. volume. A pull back here would be healthy in a distribution move.
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