BTC moves to $12 500

Altcoins

There is a similar scenario in the altcoin market. LTC has made a buy reversal formation with sellers’ volume locked and thus the coin can reach the $58 mark, where it can stick again. In this zone, LTC will begin to form new accumulations.

‘Generally, we are waiting for the end of the impulse, after which we will face another flat, accumulation and gaining additional liquidity sequence,’ the expert emphasizes.

Fundamental

The prediction we discussed last week has been correct obviously. The Bitmex exchange was exposed in the incorrect use of the KYC/AML procedure, and many other violations were found, the trading platform didn’t have a license particularly.

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