bshgeo

BTC DAILY MAY 9, 2018 Bull Continues

BITFINEX:BTCUSD   Bitcoin
BTC continues to advance in bullish moves and is now setting up to break through former strong support at 10,000.00. I look for BTC withing the next few days to break above and hold 10,000 then trading sideway for several days before moving higher to test the 11,480.00 level which is also former support turned resistance. I expect Alts to broadly follow BTC and continue moving higher also as this Bull market continues to advance. Look for leaders in the quality ALTS to remain strongest such as EOS, VEN, OMG, ADA, NEO, ZRX and other top 50 market caps should offer solid gains. Ethereum (ETH) will closely follow BTC higher also as usual I believe.

Good Luck and keep the stops set to protect your portfolio.
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