$7k Hurdles are Past - Pull Back in New Uptrend??? *&* Altcoin Market Rundown - WHAT TO EXPECT
Remember What We Say About FIRST TIME BREAKOUTS - They are often failures at first, rebuild their bases and re-emerge for legs higher. Coming out of a DOWNTREND getting rejected at the $8500 level is perfectly NORMAL and the reason why I haven't alerted. The first obstacles were overcome. Those were $7400 and $7800. This has been the thesis since mid-December.
What the rest of the WEEK HOLDS:
As of January 9th, we are currently getting rejected by the top end of the bear channel. I envision two things to happen