BTC Breaks Resistance to Test Another

Neither this post nor any other post on cryptofal.com should be taken as financial advice. It is not.

BTC broke through a line of resistance and is currently preparing to test another. The MFI is continuing its uptrend and so is the MACD. Volume is continuing to decrease which should be watched just in case the volume needed to break resistance isn’t achieved.

The overall cryptocurrency market cap is at $2.26 trillion. The overall cryptocurrency market’s volume is at $90 billion. BTC dominance is at 40.9% and ETH dominance is at 21.4%.

ETH’s indicators are following similar patterns to BTC’s. Both the MACD and the MFI are trending upwards.