17-02-2020 20:00 via newsbtc.com

Crypto Market Crash: This Technical Structure Puts End to Uptrend

Although the crypto market has been surging since the start of 2020, the Bitcoin and altcoins may be experiencing the early stages of the year’s first major correction.
The technical structure of the recent, short-term uptrend has been broken, suggesting that further downside is due in the days ahead. However, the uptrend on higher timeframes remains strong, so any correction is likely limited and will rebound to new highs following a local low being set.
Crypto Market Uptrend Technical St
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