Hello steemians this is the last day of this week lets look at coinmarketcap for more detail on BTC
We can see that bitcoin tring to break the resitance 7800$.
But it dosent look to me it gone be able to do it today.
I also expect probably anouther test of the spurt level for tomorrow since today bitcoin dosnet look very confident any way.
Bitcoin daily trading volums are 4.9 billion dollars for the last 24 hours not very impressive and may be that is one of the rison it can't break the resistance today.
Bitcoin dominance continue to drop and today is at 37.5% it is 0.5% less since yesterday.
We can see that BTC still laging behinde
Good luck to all crypto traders I wish you successful trades
The daily timeframe appears to be developing a strong bearish engulfing candle if price closes roughly where its currently trading. A bearish engulfing candle can often signal a trader/investor that the trend is about to change and that the bears are beginning to take control of the market again. If this candle is to close as an engulfing candle will will need to see strong price action and a close below the $7,600 level before entering the market to ride what could be the last wave down.