10.21.2020 Update (Wed)
$12,987
+1.40%
BTC
$414.7
+5.92%
ETH
$0.2576
+2.43%
XRP
$54.44
+2.47%
LTC
$268.5
+3.70%
BCH
Long-term Outlook
The big picture on the daily time frames
BTC
Bullish
BTC remains in a bullish trend with the active seller group still selling in profit. As mentioned in the weekly outlook, we think there are still upward potential for BTC this week. Sentiment is still too bearish for the bull trend to be over. Do not short.
Short-term Outlook
The ever changing battlefields on the hourly time frames
BTC
neutral to bullish
Sentiment is now on the bearish side, this is a bullish sign. Yes, market is still bearish on BTC. Let’s ride until the bias switches.
ETH
NEutrAL to bullish
Given BTC’s strong lead, all alts are likely going to follow.
XRP
neutral to bullish
Given BTC’s strong lead, all alts are likely going to follow.
LTC
NEutrAL to bullish
Given BTC’s strong lead, all alts are likely going to follow.
BCH
NEUTRAL TO bullish
Given BTC’s strong lead, all alts are likely going to follow.
