Bitcoin Leads Cryptocurrencies Into Bearish Territory

Bitcoin is leading the Cryptocurrency sector lower.  By trading below $9,250, Bitcoin’s chart pattern will place it in Bearish Territory.  In order for Bitcoin to enter Bullish Territory, its price would need to rise above $12,000.   According to Coin Market Cap  (https://coinmarketcap.com/), Bitcoin makes up 42% of the Cryptocurrency sector.

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