Crypto Index Breakout

20 Jul 2017

The index broke out of a negative channel. Huge reversal indication. The bear market has ended and a bottom was found on my previous publish at the 61.8% line. Initial Coin Offering disaster is waning and the BTC fork fears seem to have been resolved until November. I expect some healthy growth and consolidation over the next 2 weeks. RSI looks good, expect ATH'S after fork resolution is implemented and proven successful.