The bear flag setup for SOL price could result in another interim relief rally amid macro headwinds.
Cold feet reigns across crypto markets once again as Bitcoin bulls lose steam and Ethereum drops 15% in two days.
Factors considered to calculate a country’s readiness were the number of crypto ATMs proportional to the population and geographical size and the number of blockchain startups per 100,00 people.
Data shows investors jumping back into fiat and a lack of bullish leverage in the crypto market suggests another correction is in the making.
Bitcoin and most major altcoins have dipped to their immediate support levels, indicating that bears remain active at higher levels.
If Bitcoin clears its overhead resistance level, ETH, BCH, AXS and EOS could resume their uptrend with surprising strength.
Traders paint clear cut-off points for Bitcoin price action as the week draws to an end near crucial moving averages. corinna kopf fapello