Bitcoin chart review
BTC CHART
BTC and Dominance Chart Published By Philosof at TradingView
https://www.tradingview.com/u/Philosof
Comment: BTC moves by 21 EMA at day TF. Didn't manage to break 6870 resistance, and now coming back to 6500 support. SPX also pulling back, which is logical, since US now lead the table of active CoVid cases. I know many are tired of that virus news all around, but since we are trading, we can't ignore most important factor in world economy now. And I am sure, until virus stop spreading, as it does now, markets won't have any reason to become bullish (unless "they" know something we don't).
Resistance: 6870 - 7150 - 7555
Support: 6500 - 6200 - 5800 - 5300
Fear & Greed index: 12 (<= 14 <= 13 <= 12 <= 10 <= 11)
BTC Dominance: 65.6% (<= 65.9 <= 65.8 <= 65.7 <= 65)
24h Volume: $115 billion (<= 124 <= 140 <= 167 <= 132)
BTC DOMINANCE CHART
BTC dominance reached important resistance level and bounced. It is possible that within next days it will be retracing to 66.5-67, so alts will grow. Use this moment wisely.
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US now lead the table of active CoVid cases,China is in second place and third italy
Confirmed cases of coronavirus in the US have surpassed China and Italy, making the US the center of the outbreak.
The US has now recorded 82,353 coronavirus cases, compared with 81,782 in China. More than 1,100 people in the US have died from the disease.
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