Due to BTC appearing having completed its HL above the $40,000 USD level, BTC remains medium term bullish.
The MINA price action this week has been supreme In the last post we highlighted that MINA was looking at testing the $2.68 USD level (-17%). MINA looked set for a retrace.
MINA has now broken a crucial trend line. This has caused MINA to lose substantial bullish momentum, with the MINA price action now firmly in the hands of BTC.
It was interesting to see MINA take a dip in price today and as I looked around social media I noticed that this UK based Crypto Technical Analysers Page Analysis had it pretty much spot on in terms of a Mina price correction.